Member

Nowhere is that clearer than on affordability. At current LHA rates, only 2.7%—I repeat for emphasis: 2.7%—of private rented properties are affordable. For households relying on LHA, the affordable market has almost vanished, and obviously more so in certain parts of the country. In practical terms, in a search of 100 homes, around 97 are simply out of reach. Crisis has been blunt about this, saying that housing support now “bears little resemblance” to the real cost of renting. When fewer than three homes in 100 are affordable, “affordability” has ceased to be a meaningful concept.