A report by Christine Whitehead, LSE London and Tony Crook, The University of Sheffield, with Kath Scanlon, LSE London.

The report titled "A Road Map to a Coherent Housing Policy," authored by Christine Whitehead from LSE London, Tony Crook from The University of Sheffield, and Kath Scanlon from LSE London, is published by the Family Building Society. This comprehensive document outlines critical insights and recommendations aimed at establishing a more coherent and sustainable housing policy in England.

Housing is a fundamental issue affecting the well-being of society at large. The report highlights that since 1997, England has seen a staggering turnover of 25 Housing Ministers, indicating a lack of stability and coherence in housing policy. With only 1% of new builds added annually, optimizing the existing housing stock, which constitutes 99% of homes, is crucial. The report underscores the need for a concerted focus on existing housing, as opposed to solely meeting new construction targets.

The authors present a roadmap that emphasizes both immediate and long-term strategies. Key propositions include enhancing the efficiency of the current housing stock and addressing under-occupation among older households. The report advocates for tax reforms, such as waiving Stamp Duty Land Tax for older downsizers, to encourage mobility and ensure that larger homes are available for families. This could significantly impact the overall housing supply and help alleviate pressures on the housing market.

Sustainability is a central theme in the report. The authors argue that housing policies must be resilient and adaptable to changing circumstances, including environmental considerations. The report calls for a thorough review of Green Belt boundaries to provide more accessible land for housing while ensuring that adequate infrastructure is integrated into new developments. It also highlights the importance of using eco-friendly materials and construction practices.

The report reveals that home ownership in England has declined significantly, dropping from over 70% in 2000 to just above 64% in 2022. The proportion of owner-occupiers under 35 has fallen to below 25%, creating a pressing need for government intervention. The authors emphasize that facilitating access to home ownership should be a priority, as many households desire the security that owning a home provides. This could be achieved through schemes such as shared ownership and First Homes initiatives.

Recent challenges have led to the private rental sector (PRS) becoming the second largest tenure in England, currently accommodating nearly one in five households. However, the PRS is characterized by insecurity and affordability issues. The report advocates for greater regulation and support for both tenants and landlords, including the implementation of the Renters (Reform) Bill, which aims to enhance security and regulate rental terms effectively.

The report concludes by reiterating the need for a coherent and coordinated approach to housing policy. It calls for collaboration among various government departments and stakeholders to ensure that housing objectives align with broader economic goals. Effective local planning, realistic housing targets, and sustainable practices must be integrated into future policies to meet the evolving needs of society.