PROPERTY: Are Housing Associations Developers or Providers of Social Housing? With Neil Goodrich

In this episode, Rob once again sits down with Neil Goodrich who has studied and worked in the social housing sector for a decade. He currently works for a medium-to-large housing association and is the former chair of the CIA´s futures board.

During this episode, they take a look at whether housing associations are developers or simply providers of social housing. The answer to this question has a significant impact on how they run things and the standard of housing that they offer.

KEY TAKEAWAYS

There are several types of social housing providers in the UK. Some are developers while others are simply providers.
The more generic, bigger housing associations tend to fall into the developer category.
For the fiscal year of 2019/20, 50% of all affordable housing was delivered via section 106, built by the private sector.
If you slow down the rate at which private sector housing is built, the knock-on effect is less social housing.
In 1980/81 housing associations completed 9% of social housing. Now it is 17%. Sounds like substantial progress, but as Neil explains in the episode, which is not necessarily the case.
The planning system is contributing to the difficulties faced in building social housing.
There are nearly three-quarters of a million people living in, often unfit homes and B&B rooms.

BEST MOMENTS

‘Developers …go out and buy land…. Then, either build on it themselves or commission someone to do it.’

‘Most councils are dinosaurs when it comes to planning.’

‘Failure to reform housing has been one of the major policy disasters for this country.’

‘If you want more social housing, you need more private housing.’

ABOUT THE HOST

Rob Smallbone, the host of The Property Nomads Podcast, is on a global mission to guide your success. Success can happen in many ways, shapes, and forms. Think about what success means to you. More properties? More clients? Financial freedom? Time freedom?

Rob wants to make a huge difference to people around the world. He is here to guide your success in property, business, and life and to inspire you to achieve your goals, dreams, and visions. He's travelled, explored, and invested. And he's not planning on stopping these activities anytime soon.

Buckle up, sit tight, and enjoy the ride that is life.

EPISODE RESOURCES

Neil Goodrich Twitter: @NGoodrichHsg

Inside Housing - https://www.insidehousing.co.uk/

https://www.ukhousingreview.org.uk/

BOOKS

Buy To Let: How to Get Started = https://amzn.to/3genjle

101 Top Property Tips = https://amzn.to/2NxuAQL

Property FAQs = https://amzn.to/3MWfcL4

WEBSITE

www.tpnpodcast.com

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