Over to the private sector

摘要

In the property world it is PRS; the private rented sector. There has been much talk about it: conferences had, a government PRS Taskforce set up and funds allocated -£1 billion in equity finance specifically for Build to Rent. The message is that there is money to be made - and this could be the way round a dysfunctional unaffordable housing market and a poorly performing, piecemeal rental sector where a third of the properties fall below the Decent Home Standard. The ambition is for a professionalised rental sector from the foundations up, with purpose-designed and managed homes to rent to ease the housing crisis. This has opened up a new stream of work for architects with housing experience and a willingness to think commercially.