RMI’s Post

Are you a local authority looking at routes for income generation? Take a look at this article form my colleagues Derin and Lyndon re empty homes strategy.

𝐆𝐥𝐨𝐛𝐚𝐥 𝐓𝐫𝐞𝐧𝐝 𝐢𝐧 𝟐𝟎𝟐𝟑: 𝐏𝐨𝐩𝐮𝐥𝐚𝐭𝐢𝐨𝐧𝐬 𝐚𝐫𝐨𝐮𝐧𝐝 𝐭𝐡𝐞 𝐠𝐥𝐨𝐛𝐞 𝐚𝐫𝐞 𝐬𝐭𝐫𝐮𝐠𝐠𝐥𝐢𝐧𝐠 𝐰𝐢𝐭𝐡 𝐚 𝐡𝐨𝐮𝐬𝐢𝐧𝐠 𝐬𝐡𝐨𝐫𝐭𝐚𝐠𝐞. Our planet is grappling with a big issue - there just aren't enough homes to go around. And while you might think this is a golden opportunity for landlords, here's the twist: soaring building costs are driving up the price of homes, making them way less affordable for everyday folks. It's a real head-scratcher, right? The demand for housing is sky-high, but the supply can't keep up, and that's causing some serious sticker shock for those looking to put a roof over their heads. So, let's keep this conversation going, because everyone deserves a safe and comfortable place to call home. Let's work together to find solutions and make housing accessible for all. How's your midweek? #housingcrisis #affordablehomes #globalchallenge

The self storage boom: lifestyle choice or indictment of UK housing crisis? Lock-ups are being reinvented and marketed as more than just storage amid overcrowding and record rent rises. Read the full article from The Guardian here 👉 https://bit.ly/3wihkJI #SelfStorage #Storage #StorageIndustry

For someone who wants more affordable housing and cities with affordable cost of living. Im too comfortable with charging market rates prices. The conflict there is lowkey exciting. Until you realize there’s no conflict at all. Market rate will be affordable to most households

Capital Letters has been long been arguing that empty homes should be brought back into use. In an environment where building of new homes of any type is not keeping up with demand or delivering the supply we desperately need, we need to look to additional solutions to complement new building & deal with the housing crisis. Converting existing buildings (well & to high standards) is another route which we have been advocating, supported by the revommendations set out in the Joint APPG Inquiry report in 2023. There are 88,000 homes that have been empty for over 6 months (excluding those going through probate) in London alone. There are also c300,000 people on Council Housing waiting lists in London. That's stark. I was delighted to be invited to give evidence to the London Assembly Housing Committee investigation into Temporary Accommodation & that Capital Letters proposals to address the empty homes challenge (& conversions) were incorporated into recommendations to the London Mayor for consideration after the forthcoming elections. ##housingcrisis #homelessness

♻ 🏘 🏚 🏠 🏡 #sustainable #regeneration of 261K empty homes around England can create better #placemaking boosting economic development through #realestate #investment and giving families a home. Win Win! In 2024, we just need economic incentives from HM Treasury HM Revenue & Customs alterations, particularly concerning VAT relief on #retrofit projects across our communities around the England can create much needed new homes for those in needing homes. We also need to allow @homesengland to provide Social Housing Grant, for funding HA's to undertake retrofits, like in the 90's where the Housing Corporation allowed Housing Association Grant into refurbishments. So very much #socialvalue, could be achieved through a new programme of renovations boosting growth as well as apprenticeships for the tradesmen and tradeswomen learning on live green construction projects. More details from Shelter post below:-

Dreaming of affordable housing? Learn how First Look programs are creating new opportunities for future homeowners — and how you can take advantage of them: https://bit.ly/49PiomC Xome

There are nearly 650,000 #affordablehousing units at risk of losing their income and rent restrictions by 2030. The expiration of these restrictions ultimately exposes low-income residents to unrestricted rental increases and displacement. Learn more about the need for affordability preservation. #NuveenRealEstate