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The Economic Value of Housing: Evidence, Perceptions, and Social Impact

This report by Ruth Davison, Director of Policy and External Affairs at the National Housing Federation, delves into the crucial role housing plays in the national economy. It questions whether existing evidence of this value is effective or if the failure lies in communicating it. Highlighting the historical undersupply and economic impact of building affordable homes, it discusses broader social benefits and wellbeing. Additionally, the report explores public attitudes towards statistics versus personal experiences in policy perception, emphasizing the need for better evidence collection and knowledge exchange in housing.

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The Economic Value of Housing: Evidence, Perceptions, and Social Impact

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  1. The value of housing to the national economy Is our evidence scant and flawed? Or have we failed to 'sell' the value of housing? Ruth Davison Director of Policy and External Affairs National Housing Federation

  2. A long history of undersupply

  3. Economic impact of building 100,000 affordable homes (Source: CEBR, Forthcoming 2014)

  4. Wider social benefits (Source: Frontier Economics, Forthcoming 2014)

  5. The value of supported housing (Source: Frontier Economics, 2010)

  6. Value to wellbeing (Source: Fujiwara, D. 2013)

  7. Do people consider evidence when forming opinions about policies? People have different attitudes towards statistics. Which of the following do you agree with most? My own experiences or those of my family and friends are more important than statistics in helping me keep track of how the government is doing Statistics are more important than my own experiences or those of my family and friends in helping me keep track of how the government is doing Both equally Neither/Don’t know Base: 1,034 British adults aged 16-75 Source: RSS/Ipsos MORI 2013

  8. Key challenge: What is the nature of the housing problem?

  9. Thisaffectsfundingdecisions

  10. Key challenge: Evidence and Knowledge Exchange • Health & Wellbeing: Are we collecting the right evidence? • Capturing our Social Return on Investment: We will never find the perfect methodology.

  11. Contact Ruth Davison National Housing Federation Ruth.Davison@housing.org.uk

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