"Generation Buy". Doesn’t quite have the same ring to it. For baby boomers and Generation X, buying a home was taken for granted, and no one calls those cohorts "Generation Buy". But David Cameron seems fond of the phrase and if it means that he’ll stretch every sinew to make it happen, fine.
First time buyer numbers plummeted a decade ago from a peak of 600,000 to 300,000 today, hence the rise of generation rent. Most private renters still want to buy a home, and the government recognises this; George Osborne said before this year’s election that he wants to double the annual number of new home owners.
But the Prime Minister won’t change anything about home ownership with the policy he talked about in his speech to Conservative Party Conference. “Starter homes” are his latest wheeze, following the failure of Help to Buy to revive aspiring home owners’ fortunes. These privately built homes will be sold at a 20% discount to first time buyers. If house prices keep rising at current trends, that means that in 2018, you’ll be able to buy a new-build flat at 2015 prices. Sorry Dave, but I won’t be opening the champagne quite yet.
Generation Rent was due to present a workshop at the first People's Housing Conference next Saturday. Unfortunately this has been postponed.
There are a couple of events coming up - World Homeless Action Day and MIPIM - that activists can get involved with. More details and a full statement are available on the People's Housing Conference website.
Each year 1.5 million private renter households move home - that's about a third of the renter population. And each year, around 200,000 people move into private renting for the first time.
Whether you're moving out of your childhood home, or this is your fifth move in as many years, make sure you're aware of your rights. We have worked with the TDS Foundation to produce a guide to your rights as a tenant. The position of renters is slowly improving - today protections against revenge evictions come into force and landlords are required to fit smoke alarms - but it is still easy to get ripped off if you aren't prepared.
Printed copies of the guide are available from Generation Rent on request.
Once you've brushed up, test yourself with a quiz we've put together with the Mirror.
The Welsh Assembly is debating a Bill that would reform the private rented sector. There are bits that are good about it but also bits that are bad, so renters in Wales need to make their voices heard to make sure the legislation actually improves things.
Tonight, BBC One's Inside Out looks at the housing shortage and the desperate need to build more homes. This morning's headlines quote the housing minister Brandon Lewis telling the programme that success for the government on housebuilding would be building 1 million more homes by the end of the Parliament.
Generation Rent has raised enough money to keep campaigning for private renters across the UK, amassing nearly £18,000 in donations.
A month ago our future looked very bleak, with no guarantee that we would be able to survive past September. The team here has thrown everything we had at fundraising and we have been humbled by the response.
Since we launched our emergency crowdfunding campaign at the end of July, 371 people have donated a total of £17,982. With our grant from the Joseph Rowntree Reform Trust of £45,500, these funds allow us to continue our work in London and nationally with a team of two: director Betsy Dillner and communications manager Dan Wilson Craw.
There's a lot of muttering right now from the landlord lobby that they'll be putting up rents because of changes to the tax regime and expected increases in interest rates.
The threats would sound scarier if rents weren't already going up faster than inflation. The fact is many landlords will use any excuse to put up the rent when they get the chance. Many others value their tenants, and won't.
If you face a rent hike, you don't need to accept it. We've put together a 3 minute video on what to do to avoid paying too much.
Inflation is one of those annoying things that you just have to accept and deal with - the official target is, after all, 2%. But that gives the government no excuse to allow rents to go up the way they have.
Since 1998-99, when the government started collecting data on housing costs in the Family Resources Survey, the Consumer Price Index (CPI), the measure they currently use for inflation, has risen by 38%. In the same period, the median weekly rent (according to the FRS) has gone up by 80%. If rents had just matched inflation, renters would be an average of £30 better off a week.
We're at the halfway stage of our campaign and although we have reached our minimum thanks to the generosity of our supporters we still have a long way to go to reach our £60,000 target.
However, we can announce today that Generation Rent has been awarded a grant from the Joseph Rowntree Reform Trust Ltd. The grant of £45,500 will support our campaign for rent controls ahead of the GLA elections in 2016.
The Trust exists to correct imbalances of power and strengthen the hand of organisations striving for reform. As the grant is intended for this particular campaign, it does not count towards our wider crowdfunding effort. It is nevertheless a huge boost to our organisation.
Every pound we receive takes us a step closer to a private rented sector that works for everyone. Please donate today.
Just when you thought you'd heard all the horror stories that the housing crisis had to offer, Barking & Dagenham Council raises the stakes. In raids yesterday morning with police, council officers found 55 people living in three houses, including 11 children.
Two of the homes had three bedrooms, but residents were crammed into every space possible, including a loft and a shed at the third property.