It seems that 'affordable housing', a term much bandied about nowadays, is actually not really affordable at all. Generally the phrase is taken to mean that the property is available at below full market cost or rent. Much is often made of the 'affordable' element of housing in new developments. However are they really affordable for low income families?
In an article in the excellent Property People magazine (available foc to annual members of my online service www.landlordlaw.co.uk) we are told that the term 'affordable' has recently been defined in monetary terms by a team of researchers (led by Peter Ambrose, visiting professor in housing studies at the University of Brighton, working closely with the Zacchaeus 2000 Trust and London Citizens).
The team calculate that the amount affordable for housing for a family of two adults and two children, living in east London, is £135 per week (at the present time). Not surprisingly the researchers also found that the only housing available at this price is local authority or registered social landlord (housing association) housing. Privately-rented housing or low cost home ownership would is completely out of the question.
So affordable is not affordable. Rather like the accelerated possession procedure is not really accelerated. Does anyone have any other similar examples of misleading phrases from government?
Subscribe to:
Post Comments (Atom)
Cool Followers
Popular entries
-
Incident: Sick Kids physician loses portable hard-drive with unencrypted personal health informationA physician from Sick Kids hospital who decided to travel with a portable hard-drive containing unencrypted health information on 3,300 pat...
-
The Information and Privacy Commissioner of Alberta released a very interesting order today, considering whether the right to freedom of exp...
-
The Securities and Exchange Commission has voted unanimously to introduce amendments designed to strengthen the regulatory framework govern...
-
USA: Restoring American Financial Stability - discussion draft published by Senate Banking CommitteeThe United States Senate Committee on Banking, Housing and Urban Affairs has published a discussion draft titled Restoring American Financ...
-
In case you were wondering, you really shouldn't expect that anything you post on your MySpace page will be kept private. If you are in ...
-
Like many people I suspect, I was concerned to read the recent BBC report about glass ceilings which, the report said, means that "to...
-
I was interviewed some time ago for a Globe & Mail article on workplace surveillance, which appeared yesterday. The piece discusses keys...
-
According to an article in USA Today, Facebook is following in the footsteps of Google and others by using targeted ads. I'm not at all ...
-
In Gregson v HAE Trustees Ltd & Ors [2008] EWHC 1006 (Ch) a so-called "dog-leg" claim was brought against the directors of a ...
-
The Vancouver Sun is reporting that recent amendments to BC's privacy laws are making it difficult for researchers to recruit participan...
Comments
Post a comment on: Affordable housing is not affordable