A new market force to be reckoned with
Cowans, J.
A new market force to be reckoned with - 2003 - Axis 57(5) January/February 2003, 14-15(2) .
Looks at the growing demand and need for intermediate housing, a market particularly suited to younger, working, lower income people in need of affordable, good-quality one-and-two bedroomed flats, often in the city centre. This group is not usually eligible for social housing and has not been well served by the private rented sector. Focuses on the City Centre Apartments for Single People at Affordable Rents (CASPAR) concept with demonstrator schemes in Birmingham and Leeds which have been a hit with clients and have had a positive effect on the locations. Private sector investors are now being attracted by the 6-8% revenue yields associated with these schemes and the involvement of housing associations in such market renting can only be a matter of time.
INTERMEDIATE HOUSING
SOCIAL HOUSING
MARKET RENTING
HOUSING ASSOCIATIONS
CITY CENTRE APARTMENTS FOR SINGLE PEOPLE AT AFFORDABLE RENTS
PRIVATE RENTED SECTOR
A new market force to be reckoned with - 2003 - Axis 57(5) January/February 2003, 14-15(2) .
Looks at the growing demand and need for intermediate housing, a market particularly suited to younger, working, lower income people in need of affordable, good-quality one-and-two bedroomed flats, often in the city centre. This group is not usually eligible for social housing and has not been well served by the private rented sector. Focuses on the City Centre Apartments for Single People at Affordable Rents (CASPAR) concept with demonstrator schemes in Birmingham and Leeds which have been a hit with clients and have had a positive effect on the locations. Private sector investors are now being attracted by the 6-8% revenue yields associated with these schemes and the involvement of housing associations in such market renting can only be a matter of time.
INTERMEDIATE HOUSING
SOCIAL HOUSING
MARKET RENTING
HOUSING ASSOCIATIONS
CITY CENTRE APARTMENTS FOR SINGLE PEOPLE AT AFFORDABLE RENTS
PRIVATE RENTED SECTOR