Home Advantage analyses the current housing situation for the young and employed in London and offers innovative solutions to the crisis. This report is written by Kath Scanlon, Melissa Fernandez, Emma Sager, and Christine Whitehead.
To ensure that working and living in London is a realistic goal for bright young graduates from all backgrounds, the Sutton Trust and the authors of the report are urging candidates in the 2016 mayoral election to consider innovative and new types of housing schemes to address the supply-side problem. These are:
- Market-based student-type housing, which can enable young people to gain a foothold in the capital in the short-term, with a proven track-record of success
- Age-targeted privately-rented housing developments, which tailors housing design, amenities and business models to suit the needs of young professionals
- Factory built pre-fabricated housing, which produces simple housing quickly and at limited expense, providing effective transitional housing for those leaving university
- Covenanted privately-rented housing, where as a condition of planning permission, new dwellings remain in the private rented sector for a set number of years