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Tackle Low Demand Housing Areas

Low demand for housing in particular areas is a growing problem in many towns and cities.  One consequence of this is the problem of negative equity for many homeowners.  The causes are complex, and need a comprehensive response.

Stronger links between planning, housing and economic policy at regional, sub-regional and local level are needed to avoid problems of over-supply, and to prevent new greenfield developments competing with older, less popular housing.

To tackle low demand housing areas:

bulletGiving local authorities increased flexibility in managing their stock.
bulletEncouraging more mixed communities.
bulletProviding tools for local authorities to tackle low demand in the private sector such as making it easier for them to identify areas of particularly poor housing for area renewal.
bulletReform of the lettings system and the power to grant assured shorthold tenancies and charge market rents on local authority housing.