New research for SHOUT, the campaign for social housing, and a *coalition of agencies, shows that the case for investing in social housing remains very strong despite the decision to leave the European Union.
Last year, SHOUT and others* commissioned analysis from economic researchers Capital Economicsto show what would happen to the economy if the Government invested in 100,000 new social rented homes each year. The research showed much better value outcomes for taxpayers in the long term as well as improved living standards for so many households.
The new analysis looks at the outcomes if we have an economically ‘good’ or ‘bad’ Brexit, assessing four different scenarios for what might happen to growth and interest rates. In the initial years of such a programme the incremental housing benefit savings and new tax receipts will be less than that needed to fund the government’s contribution to the new…
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