Commenting on the Housing White Paper, Dan Wilson Craw, Director of Generation Rent, said:
“Sajid Javid has the right analysis about the plight of renters, but his White Paper has failed to offer us anything of substance.
Well, the Housing White Paper was a massive disappointment. After an exciting glimpse on Sunday of moves to “incentivise” longer tenancies, on Tuesday it became clear that those incentives were existing government subsidies for companies building new homes. Number of beneficiaries: 80,322 (not counting the companies who would have offered longer tenancies anyway).
For the 4.3 million households in existing properties? The vague undertaking to “consider what more we can do to support families already renting privately, while encouraging continued investment in the sector.” Which gives little hope to people who don’t live with their family and a lot of hope to property speculators.