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Housing co-operatives are uncommon in the UK, making up about 0.1% of housing stock. [ 102 ] Most are based in urban areas and consist of affordable shared accommodation where the members look after the property themselves.
Public housing became needed to provide "homes fit for heroes" in 1919, [5] [6] then to enable slum clearance.Standards were set to ensure high-quality homes. Aneurin Bevan, a Labour politician, passionately believed that council houses should be provided for all, while the Conservative politician Harold Macmillan saw council housing "as a stepping stone to home ownership". [7]
The affordability of housing in the UK reflects the ability to rent or buy property. There are various ways to determine or estimate housing affordability. One commonly used metric is the median housing affordability ratio; this compares the median price paid for residential property to the median gross annual earnings for full-time workers.
Domestic real estate represented the largest non-financial asset in the UK, with a net worth of £5.1trillion (2014). [3] Foreign investment plays a substantial role in the UK's real estate market, particularly in London, and foreign companies and individuals invested around £20billion in UK real estate in 2012. [4] [needs update]
The history of rent control in England and Wales is a part of English land law concerning the development of rent regulation in England and Wales.Controlling the prices that landlords could make their tenants pay formed the main element of rent regulation, and was in place from 1915 until its abolition (excluding some council houses) by the Housing Act 1988.
A row of typical British terraced houses in Manchester. Terraced houses have been popular in the United Kingdom, particularly England and Wales, since the 17th century. They were originally built as desirable properties, such as the townhouses for the nobility around Regent's Park in central London, and the Georgian architecture that defines the World Heritage Site of Bath.
Housing (Temporary Accommodation) Act 1944; Housing Act 1949; Housing and Finance Institute; Housing and Planning Act 1986; Housing and Planning Act 2016; Housing of the Working Classes Act 1885; Housing of the Working Classes Act 1890; Housing of the Working Classes Act 1900; Housing, Town Planning, etc. Act 1909; Housing, Town Planning, &c ...
Public housing in the United Kingdom has typically consisted of council houses, often built in the form of large estates by local government councils. Becontree in The London Borough of Barking & Dagenham is generally considered to be the largest council estate (in terms of population).