Abstract

After World War II, the UK government actively supplied social housing, and as a result, social housing became a common tenure, accounting for 31% of the total housing stock in England as of the late 1970s. However, since Margaret Thatcher became Prime Minister of the UK in 1979, the government support and investment for social housing began to decline. The share of social housing in England has now decreased to 16.7%. These changes have accelerated since the government led by the Conservative Party came to power in 2010. Th e government aimed to expand housing policies not only for the low-income population but also for the middle class. Various policies have been introduced to promote home ownership, replacing social housing-oriented housing policies. In this process, new types of housing, such as shared equity and shared ownership homes, have been introduced. ese housings are neither traditionally considered owner-occupation nor rental ones. Instead, they give buyers an illusion of home ownership as a political project by the Conservative Party. This paper examines the characteristics of these housings and analyses the process by which these policies force people to the ‘edge of home ownership’. Finally, it discusses the limitations of this political project of home ownership.

Full Text
Published version (Free)

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call