Reading's affordable housing supply grows slightly – Reading Chronicle

The pool of affordable homes for rent in Reading grew slightly last year, new figures reveal.

But think tank the Smith Institute says the national supply of affordable properties across England is increasing nowhere near quickly enough.

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It warns renters are being pushed into the pricier and more insecure private market while the Covid-19 pandemic is making many people’s lives more precarious.

In Reading, 16 per cent of homes were social or affordable in 2019 – just below the national average of 17 per cent.

Separate MHCLG figures show that the percentage of England’s homes which were social or affordable dropped from 20 per cent in 2001 to 17 per cent last year, while the share of the market occupied by the private rent sector almost doubled over the period.

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