Towards a fair and sustainable private rented sector Seb Klier, Policy & Campaigns Manager,...
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Transcript of Towards a fair and sustainable private rented sector Seb Klier, Policy & Campaigns Manager,...
Towards a fair and sustainable private rented sector
Seb Klier, Policy & Campaigns Manager, Generation Rent
Brighton Advice Services Network meeting, May 2015
• Public campaigns• Political lobbying• Media• Community
organising
‘Generation Rent’ 11 million private rentersNumbers have doubled within the
last ten yearsNow second largest tenure – more
people living in PRS than social housing
Huge mix of people, including 3+ million families
Young, poor and vulnerable?
51% of Renters are Under 35 13% increase in Under 35s in PRS since 2008 20% increase in 20-34 year olds living with
parentsLHA changesPRS eviction the number one cause of
homelessness
Renting vs. home ownership?
Average 1st time borrower needs 82% of income for a deposit
If average earners saved 33 percent of their net income, it would take them nearly seven years to put together the necessary deposit. In 2002, a person in the same circumstances would have saved a deposit in 2.5 years.
There are more than 1.8 million households waiting for a social home – an increase of 81% since 1997
The Tipping Point
What policies do politicians need to implement?Regulation of the PRS
Ending the culture of capital gain
Investment
Regulation of the PRS
National register of landlords Landlord licensing Licensing letting agents and banning fees Rent controls Mandatory longer tenancies for renters A ‘Decent Homes’ Standard for all housing
Ending the culture of capital gain and property speculationA ‘secondary’ housing market
Landlord tax on profitsBanking regulationCommunity-led regeneration
Investment and supply
Massive extension of the social housing grant through taxation
Housing investment fund, capitalised by tenant deposits
Planning reformOpposition to Right to BuyLifting local authority borrowing cap
Community organising and giving power to renters Generation Rent supports, initiates and
promotes community organising around housing Community organising can take many forms, for
example, peer support; lobbying the council; public campaigns; direct action etc.
Interaction with advice agencies can help these groups grow and remain sustainable
Can these groups work more closely together?
Any questions? Seb Klier, Policy & Campaigns Manager, Generation
Rent
07432 6545 290
www.generationrent.org