Housing Options and solutions for young people in 2020
posted: September 17th, 2012
The Joseph Rowntree Foundation recently published a report into housing solutions for young people in 2020. This predicts that around 1.5 million more young people aged 18-30 will be pushed towards living in the private rented sector in 2020 as a
result of growing problems of accessing home ownership and social renting.
The report also predicts that young people will be more likely to stay with their parents for longer as costs of renting increase and the current trend of young professionals living in the Private Rented Sector rather than owning their home looks set to continue. However, the report found that the sector can be unaffordable and offers poor conditions.
The report predicts that the changes to housing benefit where young single people now receive a shared accommodation rate is likely to increase the number of HMO tenants in deprived areas. This will push existing HMO tenants into looking for a higher quality of HMO which PPP provides, meeting this need.
PPP provides high quality affordable shared accommodation in the Private Rented Sector which offers young people a high standard of living in an accessible way, meeting the concerns voiced in the report. PPP also agrees with the call of the report to reform the PRS through landlord accreditation to improve the standard of accommodation offered. PPP landlords always meet all requirements of a local authority and are accredited by national and local bodies.
PPP HMOs (Houses in Multiple Occupation) will continue to provide high quality, affordable accommodation across the UK to meet the growing demand from the young people following a ‘chaotic housing pathway’ as identified in the report.