The Increasing Social Housing Crisis in Tower Hamlets East London

The increasing social housing
crisis in Tower Hamlets East
London
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INTRODUCTION...........................................................................................................................3
MAIN BODY...................................................................................................................................3
CONCLUSION..............................................................................................................................10
REFERENCES..............................................................................................................................11
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INTRODUCTION
Social covering is defined as an accommodation that has been provided to individual at
affordable rates on secure basis. These are mainly developed by non profit organisation and
government, in this affordable housing is being provided to individuals with more security and
long term tenancy. Furthermore it has been underlined that individual those who are facing
financial or social pressure present get housing at affordable range. Present report has been
conducted on the wicked problem which is increasing social housing crisis in the borough. It has
seen that there is significant increase in the cost of house in both Southwest and London which is
impacting upon individuals in number of ways(Chadenga,2018 ).However, number of schemes
has been developed in order to provide affordable and accessible home to individual. Despite of
all these measures the house pricing have continued to raise that created affordability crisis.
Present report includes the concept of social housing along with the significant safe and effective
solutions to overcome this crisis in effective manner. With the help of co operating and
responsible actions effective measures is being demonstrated in this report that help in
overcoming this wicked problem in effective manner.
MAIN BODY
Social housing
Social covering is defined as a form of house housing tenure within which property is mainly
owned by government authority other local or non- profit organisation. Furthermore, according
to the analysis it has been underlined that this housing is provided for individual those who are
having basically low income for those particular needs by government agency as well as non-
profit organisation(CortésRebolloand Barbosa2020 ).In addition to this it has been underlined that
social housing property is basically rented by property that is duly managed as well as owned by
social landlords, usually local council or housing association. Furthermore according to the
analysis it has been underlined that social housing is mainly cheaper than private rented housing
and provides long-term security and greater safety for tenants. In addition to this according to the
analysis it has been identified that social housing is mainly covered by law in order to make sure
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that it is secure and profitable and further have decent quality. It has been underlined that social
housing also involves shared ownership. In addition to this, it has been evaluated that, social
homes are mainly given by housing associations such as, not-for-profit organisations that own,
let, and oversee leased lodging or a local board. Furthermore, this has been determined that,
Social housing sometimes is also known as council housing(EllicksonBeenHills. and Serkin2020).
The vital believed of communal lodging is that it is additional moderate than secluded leasing
and normally gives a safer, long haul occupancy. In addition to this, it has been determined that,
this gives communal tenants better rights, more command over their homes, and the chance to
put unhappy roots.
Problem
According to the analysis it has been evaluated that, in the previous rare years, house value rises
altogether over the UK. This significantly led towards affordability crisis or issue. As per the
evaluation this been determined that, terraced housesEast End as well as Small flats in inner
London rose in esteem in 2002 by between 20,000 and 30,000 which isextra than the normal pay
of the wealth's vital labourers. However, it has been underlined that, since February 2003, the
market has started slowing down in London however costs in other locales are as yet on the
climb.This has been underlined that, crisis of affordability is especially intense in Greater
London,South West and the South East where the quickest value rises has happened. From
various perspectives the crisis is exceptional and some expert’s states, that the market of housing
has been dysfunctional(Genn., 2019)..However, it has been evaluated that, there are a number of
contributory elements. It has been determined that, investor reserveshave escaped the
StandardMarketplacewhich has lost a large portion of its worth in the previous three years to
more secure government gilts and property. This has been stated that, purchasing to lease has
gotten mainstream, and trying small landlords have gobbled up so numerous properties in well
known zones that request for convenience has surpassed supply.Thus, it has been determined
that, subsequently in numerous pieces of the South of Britain today just the rich or poor people
can have access of housing. In this, it has been analysed that, the rich since they have the pay to
do as such furthermore, poor people (in which line is not much extended) through the
arrangement of social housing. Across an expansive scope of work arenas, both community and
secluded, the edges have become as well high for those on normal pay who are not on the
possession stepping stool as of now. However, it has been evaluated that, the other option of
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