Empty homes are on the rise. So why aren't they being used to solve the housing shortage?
Original Article Summary
There are almost 720,000 empty homes in England. And many more on social housing waiting lists. Is using one to help solve the other a case of a missed opportunity?
PropMatch Curated Analysis
England has 265,000 long-term empty homes that could help address housing shortage, but government schemes that successfully reduced empty homes by 33% were discontinued in 2016, leading to numbers rising again by 32%.
Investor Relevance
Identifies potential acquisition opportunities in empty homes market, highlights availability of council grants/loans (though low uptake), reveals tax implications (300% council tax premiums), and suggests policy changes may create new investment incentives or requirements.
Original Source:
BBC NewsStay Updated
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