‘Social Property Investment’ strategies find the appropriate balance between housing as commodity and housing as a basic human right. The monetary gains which can be associated with buy-to-let investment property are wholly extendable to the provision of affordable, yet diverse, rental homes; particularly when seeking to maximise financial returns via co-living or multi-letting models - those which have proved highly successful when utilised effectively for the rehabilitation of those who are socially challenged or in some way displaced.
Having developed innovative prototypes that can positively enhance the approach we take to supporting vulnerable people with their housing-related needs in Britain - and potentially beyond - these systems will be freely-shared and further tested within our professional ideas exchange group; and later, via a technology-based one-stop-shop, and the mass marketplace, via the ‘Housing First Hub’.
The hub will connect a vast network of existing providers and services - those which typically respond to chronic homelessness wholly on the streets - with accommodation-based solutions which are provided, funded or part-funded, via the private property investment market – OR, as a result of newly-created consortiums of ‘Social Property Investment’ service providers, who enter into formal joint-venture partnerships in order to raise finance and launch guided projects, semi-independently.
This will be the first web-based platform of its kind globally; correlating the knowledge, assets and resources of the public, private and voluntary sectors and enabling them to offer a wide and varied selection of barrier-free, choice-based homes, along with the enhancement of variable and interchange support options for residents.
Ultimately, this will enable organisations who respond to homelessness with food kitchens and via ‘street support’ type services, to gradually, methodically and systematically adopt a ‘Housing First’ approach towards homelessness in their region and to do so in a constructive, concise and controlled manner.
Copyright © by Amy.F.Varle, January 2018.
The moral right of the author has been asserted.
The views and opinions expressed in this report and its content are those of the author and not of the Winston Churchill Memorial Trust, which has no responsibility or liability for any part of the report.
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