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Government spends four times more subsidising private housing than building affordable homes | The Independent

Study shows 79 per cent of total housing budget is spent on higher-cost homes for sale

The Government is spending four times as much – some £32bn – subsidising private housing as it is building affordable homes for low income families, a report has revealed.

The study showed 79 per cent of the total housing budget is currently spent on higher-cost homes for sale, including through the controversial Help to Buy scheme, but just 21 per cent, around £8bn, goes to affordable homes for rent.

The annual review carried out by the Chartered Institute of Housing (CIH) exposes a significant shift away from programmes that lead to new homes being built.

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Sorgente: Government spends four times more subsidising private housing than building affordable homes | The Independent

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