Sensible reform to finance affordable housing deserves cross-party support

Like Australia, the UK has a serious problem with housing affordability and supply, made worse by policy and market settings that fuel instability in rental housing. In this context, channelling investment via a specialist financial intermediary towards new affordable housing provided by landlords with a social purpose makes good sense. International research found the UK’s Housing Finance Corporation to be one of the world’s leading examples of good practice. It funds not only affordable housing but also ensures that investment flows towards registered landlords meeting real accommodation needs.