2nd April 2015
Latest figures from the Greater London Authority reveal that nearly 25,000 homes in the capital have been converted from "social" to "affordable" housing since 2012. Housing associations have been quietly switching thousands of tenancies on to higher rates to make up for a shortfall in government funding. Social rents are typically half the market rate, while "affordable" tariffs are up to 80% of private rent, and changing the housing category when new tenants move into a property means neighbours in identical flats can pay hugely different rents.
The Guardian (30/03/15)