Housing crisis in London: how Property Guardians can provide a solution
The housing crisis in London has been an ongoing problem for years. One of the major contributors to this crisis is the high number of empty homes in the city. According to recent statistics, there are over 22,000 empty homes in London, many of which have been vacant for years. This is a huge waste of valuable housing space, particularly when there are so many people in the city in desperate need of affordable housing.
The issue of empty homes in London has become even more pressing in light of the COVID-19 pandemic. With the rise in remote working, many people are now looking to move out of the city in search of more affordable housing. However, for those who still need to be in the city for work, the lack of affordable housing options is a major problem.
How Property Guardianship works
Property guardianship is an innovative solution that has been gaining popularity in recent years. Essentially, it involves placing people in vacant properties to live in and look after them, in exchange for affordable rent. This not only provides much-needed housing for people who would otherwise struggle to find a place to live, but it also helps to bring empty properties back into use.
The benefits of property guardianship are clear. For property owners, it provides a secure way to protect their empty properties from damage or vandalism, while also generating income from rent. For the guardians themselves, it offers a way to live in the city at an affordable price, while also contributing to their local community by looking after the property and keeping it in good condition.
Government attempts to tackle the housing crisis are ineffective
In recent years, the government has started to take notice of the issue of empty homes in London. In 2019, they launched a £55 million fund to help bring empty homes back into use, and there have been various media campaigns to raise awareness of the issue. However, these efforts have so far had limited success, and the problem of empty homes in London continues to grow.
This is where property guardianship can step in and provide a solution. By placing people in these vacant properties, property guardianship can help to ensure that these homes are no longer sitting empty and going to waste. It is an innovative and cost-effective solution that has the potential to make a real difference in the fight against the housing crisis in London.
One of the key advantages of property guardianship is that it offers a way to provide affordable housing to key workers and young professionals who might otherwise struggle to find a place to live in the city. With many people now working from home and the need for office space decreasing, there is an opportunity to convert some of these empty properties into affordable housing options for those who need them.
Of course, there are challenges to implementing property guardianship as a solution to the housing crisis in London. There are concerns around the quality and safety of some of the properties, as well as the need to ensure that guardians are properly screened and given the correct guidance to look after the properties they are living in.
However, these challenges can be overcome with the right support and guidance. The benefits of property guardianship are clear, and with the right investment and support, it has the potential to be a powerful solution to the ongoing problem of empty homes in London.
Overcoming the housing crisis in London
The problem of empty homes in London is a significant one, and it is contributing to the ongoing housing crisis in the city. Property guardianship offers a solution that can help to bring these homes back into use and provide affordable housing options for those who need them. With the right support and investment, property guardianship has the potential to make a real difference in the fight against the housing crisis in London.