Previous education and experience
- MA, Economics, University of Leeds
- BA (Hons), Economics, De Montfort University
Charles is trained economist who has worked within the housing and regeneration sector for over 15 years. Between 2009 and 2012 he was the Assistant Director of Market Intelligence, for the English regulator of social housing (Homes and Communities Agency, formally the Tenants Service Authority). Prior to this Charles worked for Manchester City Council in various strategic, analytical and regeneration delivery roles in the Chief Executives and Regeneration directorates. Notable roles included, Deputy Director of the Manchester Salford Housing Market Renewal Pathfinder, and Evaluation and Research Manager at New East Manchester Urban Regeneration Company, responsible for evaluation and research.
The implications of introducing new for-profit actors into a regulated quasi-market, using the affordable housing market as an example
Housing supply and shortages leading to instability in the housing market has been a long-term problem for the UK economy. This instability has impacted negatively on the majority of the major economic cycles in the last 30 years (Barker, 2004). The current protracted recession is no different. The latest household projections estimate an annual increase in the number of households in England of 232,000 until 2033 (DCLG, 2010). If the supply does not keep up with this expected new demand then the housing shortage will become even more acute. The key challenge for the development sector and the affordable housing providers in particular, is to meet the government’s national target and build 150,000 new affordable homes by 2015. Whilst receiving reduced support from the public finances and operating in a stagnating economy.
Traditionally there have been two kinds of providers of affordable housing, local authorities (LAs) providing council housing and housing associations (HAs). In 1981 LAs accounted for 92% of all affordable housing dwellings, by 1998 HAs had become the dominant player in the sector (Pawson and Wilcox, 2011). The Housing and Regeneration Act 2008 opened the sector up to for-profit providers, These new actors are private entities that are able to make a profit from the provision of affordable housing, and can take these profits outside of the affordable housing sector, unlike HAs, who are required to reinvest any surplus back into affordable housing activities. To date there are 23 for-profit providers and 1246 not-for-profits, owning 2.1million housing units; 312 providers own 1000 or more units and account for 96.4% of all stock (HCA, 2012).
The aim of the research is to explore the changes in institutional and organisational relationships and responses in the affordable housing market following the introduction of these for-profit actors. It will also examine the potential impact these changes may have on the delivery of public services during times of austerity.
- Barker, K., 2004. Review of housing supply. Final Report–Recommendations.
- DCLG, 2010. Household Projections, 2008 to 2033, England.
- HCA, 2012. Statistical Release: Statistical Data Return 2011-12. Homes and Communities Agency.
- Pawson, H., Wilcox, S., 2011. UK Housing Review 2010/11.
- Provision of affordable housing, its development, finance and regulation
- Urban regeneration, the role partnerships play in their delivery, forward financing of regeneration during times of austerity
- Development of indicators and neighbourhood typologies to measure area sustainability and assess forward trajectories