However, there is too little today. Many more low-income families with kids and disabled people are in the private rented sector than in 1979, which isn't the right solution for these groups. Reversing this trend would require another 700,000 social properties

Overall, falls in housing subsidies can explain all of the reduction in housing affordability for renters, and the decline in the social housing stock was a key part of that. But there was probably 'too much' social housing in 1979 - many higher-income households also benefited from sub-market rents

The fall in the size of the social rented sector is one of the key reasons behind the reduction in housing subsidies since 1979. Subsidies through sub-market rents in the social sector have fallen from 9% to 4% of total housing costs. Housing benefits have ⬆️ but not enough to offset this.

2️⃣ Remove tax reliefs that are not achieving their objectives of boosting growth. There are £42 billion of tax reliefs to support business with this objective, but many are not achieving their objectives