Institutional Structure of Social Housing Finance in the UK: Recent Developments

Michael Oxley
Additional contact information
Michael Oxley: Centre for Comparative Housing Research, De Montfort University, The Gateway, Leicester, LE7 9GH, UK, mjoxley@dmu.ac.uk

Urban Studies, 1999, vol. 36, issue 4, 673-682

Abstract: It is argued that social housing in the UK currently faces affordability and investment problems. Rental payments are highly dependent on housing benefits and more investment, with higher rent levels and lower direct subsidy, requires more expenditure on housing benefits if affordability problems are to be avoided. The increasing role of private finance in funding housing association developments is reviewed. There is an examination of the institutional relationship between social housing expenditure and the public deficit. The case for new forms of social housing organisations which are less restricted by public expenditure controls is examined. It is argued that new social housing institutions will contribute more to the resolution of the investment than the affordability problem. The relationship between finance and social purpose is explored. It is concluded that there is a continuing need for redistributive measures if social housing is to achieve its essential purposes.

Date: 1999
References: View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://journals.sagepub.com/doi/10.1080/0042098993394 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:sae:urbstu:v:36:y:1999:i:4:p:673-682

DOI: 10.1080/0042098993394

Access Statistics for this article

More articles in Urban Studies from Urban Studies Journal Limited
Bibliographic data for series maintained by SAGE Publications ().