Capping aspiration : the millennial housing challenge

Abstract

Housing costs in the south east of England are unaffordable for millennials, even in social housing. And the Shared Accommodation Rate could cause severe hardship for single 16–34 year olds claiming Housing Benefit. The housing aspirations identified during the research were tempered by realism, and younger people recognised the importance of increased earnings. However, most were pessimistic about the prospects of improving their housing situation. In terms of developing viable housing offers to meet this group’s needs, housing associations are hampered by the nature of the homes they own; the procedures and protocols they share with their local authority partners in relation to allocating and managing those homes; and the impending risk of the Shared Accommodation Rate, which could make tenancies unsustainable