Benefits and Pensions Monitor’s Post

Wondering about the demand for social housing? 167,329 more supported living units are needed by 2040 to help fill the ever growing need. Get the inside scoop and further facts and figures:

https://lnkd.in/etcRYite For many families housing insecurity is becoming a significant emotional stress and anxiety issue. Financial trauma over housing is rampant and the unfortunate part is there is really no quick solution to solve our housing dilemma and or provide people with limited income affordable housing. #scarcity #housing #anxiety #systemic Gary M Albert CPA MST CSSCS CFSWC Trauma of Money Certified Practitioner https://lnkd.in/erhQDaNa

As housing costs continue to rise, an increasing number of adult children are moving back in with their parents. This trend, driven by economic pressures and shifting social norms, has reshaped family dynamics, offering both financial relief and new challenges for multigenerational households. #listdeannabailey #albertaproudrealestate #movinghome #realesate #firsttimehomebuyer #family #livingwithadultkids #livingwithparents

The allocation of social housing is set for a huge shake-up.

🚨 Housing Crisis in the UK! 🚨 📊 New Ipsos poll highlights: 70% agree there's a housing crisis. 44% say housing issues are under-discussed. 52% rate the Conservative Government's housing record negatively. 🏠 Top concerns: 77% worry about homelessness and affordable rentals. 71% support rent controls. 65% want more social housing for those priced out of private rentals. The housing crisis affects us all. What are you thoughts? #HousingCrisis #RentControls #SocialHousing #IpsosPoll #UKPolitics https://lnkd.in/eFQX9AGF

The Leave No Young Australians Behind report, a cost-benefit analysis by SGS Economics and Planning for Housing All Australians, released on Wednesday, found that investing in helping young homeless people by providing accommodation and wraparound services would provide an economic benefit to Australia. “In dollar terms, the benefits would be 2.6 times the resources needed to get to that outcome,” SGS executive director Marcus Spiller @Marcus Spiller said. “From an economic perspective, it makes perfect sense to tackle the problem. The benefits include savings in health costs, reduced domestic violence, reduced costs of other crimes as well, improved engagement of young people in the labour market and there are also benefits to the carers of people who would otherwise be homeless. “Adding up those benefits, they more than pay for the cost.” The analysis said youth homelessness could be eradicated comfortably within 30 years with a spend of $4.5 billion. It would provide $7.3 billion in benefits to the government and economy. Access the full report at our website. https://hubs.ly/Q02t5NGs0

What choices do young adults have when they have to live at home because of the housing crisis? Not many according to our Home Truths Panel, which has been exploring many of the challenges young people face in the middle of a housing crisis. “At the end of the day, it’s a huge issue deeply affecting a whole generation of people.” Read more at

'One of the most powerful #culturalmyths of the English-speaking world over the past century has been the belief that if you work hard, you’ll earn enough to buy yourself a house and start a family. For a long time, it held true. Between the end of the first world war and the turn of the millennium, rates of #homeownership climbed rapidly in both Britain and the US, topping out at about 70% as young adults flew the parental nest and set up homes of their own. But in recent decades, that trend has not only stalled but reversed. In 1980, almost half of 18 to 34-year-olds in Britain and America lived in their own property with children of their own, making this the most common arrangement for young adults. Today that is true of only about one in five, and the most common set-up for 18 to 34-year-olds is now to be living with their parents.' #housingcrisis #capitalism #UK #USA

It’s an obvious solution- spend to save - building more social rented homes ( which as a sector has proportionally been in decline since the rise of owner occupation and the Private rented sector) to replace that lost due to the Right to Buy and also to replace those social rented homes that are nolonger fit for purpose ( because of lack of investment , changes in household expectations , local economic changes ( loss of industry etc) and increasing costs to decarbonise social rented homes - etc etc) - great article by Mark Cantrell

Insightful Financial Times article examining the social implications resulting from the rapid rise in house prices in the UK and USA — which are similar to what we’re seeing here in Canada. Last month, our Senate Banking Committee released a an interim report examining options for improving housing affordability in Canada… we’d be interested in your feedback and additional ideas. Read the report here: https://lnkd.in/e73ct2ez #housingcrisis #housingaffordability #renting #homeownership