|Link to The Guardian|
"David Cameron has woken up to England's housing crisis. A Tory party once wedded to a "home-owning democracy" now finds itself presiding over a significant fall in home ownership, hence a new housing strategy unveiled this week.
"David Orr, chief executive of the NHF, summed up the dilemma when he said the system is working for the top 10% of earners at one extreme and the 15% in social housing at the other – 'And, to be frank, unless you're already housed it doesn't really work for anyone else.'
"The challenge now facing providers is to develop properties for rent at part-subsidised and full market rates to fill the gap in the market left by the uncertainty. That is the new reality."