Thirteen registered providers of social housing are using this financialised lease-based model in Greater Manchester. Five have regulatory judgements against them. Wigan is the borough with the highest amount of this type of housing which is fueling substantial dividend payments to shareholders, all derived from public money paid to house people with disabilities. Social housing […]
From homes to assets: update on housing financialisation in Manchester
By Dr Richard Goulding and Dr Jonathon Silver: We’re at a critical time in Manchester’s urban development, with its city centre boom continuing since 2014 at the same time as the city’s model of property-led regeneration is coming under challenge both inside and outside the town hall. Building on GMHA’s previous research into financialisation, our […]