Ann Cornelius, GreenSquare's Executive Director (Customers and Communities) and a member of the National Housing Federation’s (NHF) South West regional committee, joined MPs and councillors from around the region at the Houses of Parliament on Wednesday (7 November) for the launch of the NHF’s Home Truths: South West 2012.
The report clearly highlights the continued and growing need for more affordable housing in the region, with one in twelve households in the south west now on a waiting list for an affordable home. The average house price in the region now costs 11.5 times the average individual income, and we expect private sector rents to rise by 62% in the South West in the next ten years as demand in the sector continues to grow.
Ann commented: “The shortfall of homes in the South West is pushing up house prices and private rents, making it increasingly difficult for people to afford to rent their own home, let alone buy one. And with social housing waiting lists in the Wiltshire area up a staggering 30.2% from 10,654 in 2010 to 13,875 in 2011, there are fewer and fewer choices open to people who want to live here.
“It is vital for the housing industry and the Government to take a joined-up approach to address the shortage of homes to prevent the situation from continuing to worsen. Like many housing associations, here at GreenSquare we are ready and able to play our part and are committed to delivering more homes, from social and affordable rent, to market rent, to homes for sale.”
If you would like to find out more, the final report is available as a pdf to download from http://bit.ly/WfKUHx.