Archives for August 2008
Housing associations ”can manage through downturn”
Despite the recent declines experienced in the financial sector, the majority of housing associations should be able to manage through the downturn unharmed.
Such is the assertion of the Housing Corporation, where it stated that there are "challenging times" ahead for those with jobs in housing – due to the slowing property market and difficulties for the international credit sectors over the past year.
However, it reported there is light at the end of the tunnel for housing association due to the fact demand for affordable properties is currently at an all time high.
In a statement, the corporation claimed: "We believe that the sector overall and the vast majority of associations continue to be well placed to weather any downturn."
The institution reported that the pressing concern for housing associations is the future performance of the property sector.
Earlier this summer, the Local Government Association claimed that the waiting list for social housing could account for some five million Britons by 2012.
For the latest housing jobs – MyHousingCareer