As the latest UK Housing Review is published, co-author John Perry describes how government priorities have shifted from direct investment in affordable housing to personal subsidy through housing benefit.
If asked about how the government spends money on housing, most people would probably say they build council houses – but of course they’d be wrong. However, if the same question had been asked in the 1970s the answer would have been a lot closer to the truth. Over the course of nearly four decades, there have been drastic shifts in how the government spends money on housing.
The latest UK Housing Review summarises them.