Sector implications
The one per cent annual reduction to social housing rents over past four years and other welfare reforms set out in the July Budget have left RPs with little option but to make further efficiency savings. The sector is facing a huge period of change and a range of financial pressures and we’re seeing many RPs taking action now to ensure they remain fit for the future.
Over the last couple of years tenants have been fairly well protected from cost saving measures with the majority of RPs reluctant to reduce tenant services. In our 2014 survey just 16 per cent of respondents had made or were considering making cuts in this area, and just 19 per cent in 2015. Fast forward 12 months and tenants’ services are now looking
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Those employees lucky enough to receive salary rises during 2016 are likely to see a smaller increase than in previous years, with just 10 per cent of respondents expecting salary increases of two per cent or more. This is a reduction of more than 40 per cent on 2015 responses to the same question. Despite all of the cuts within the sector, it’s positive to see more than half of RPs across the country expecting salary levels to increase over the next 12 months, but the sector is clearly more cautious than in previous years and this is understandable.
‘Implementing new technology remains high up on the agenda for the sector with 87 per cent of RPs having taken or looking to take action in this area (94 per cent in 2015). With the digital first agenda building momentum within the sector we expect to see further technology implemented over the next year as RPs start to provide more services for staff and customers through mobile enabled solutions.’
Peter Lunio, Head of Social Housing Consultancy, RSM
Attracting board members with the right skills and diversity mix, and those able to commit the time required to fulfil the role effectively can be difficult, particularly for some of the more complex and sizeable providers. Paying
For most tenants they have been replaced by Housing Benefit. The sale of Dundee’s council housing to tenants and mass transfers of stock to Registered Social Landlords, have reduced the numbers to approx 14,000 current stock. As the role of council housing has diminished, Housing Associations have been encouraged to take over the limited opportunities for development.
Howard Husock came up with a great idea for solving the problem with subsidized housing and tenants that use the program too long. His idea is to have time limits on the amount of time that tenants can stay in public housing or use public housing vouchers. Husock states, “It (Time limits) would allow housing subsidies to be directed to those in most immediate need rather than simply going to persons already in the system.” In his article, startling facts and figures are given about the length of time tenants stay in assisted living. More than twenty-five percent of families have lived in their subsidized apartment for more than ten years. Forty-seven percent have lived in their apartment for more than five years (Weitzman). Imposing time limits would not allow the extended lengths of time that are currently given. Congressman Rick Lazio is proposing that tenants sign a form in which a date would be given as to their leaving of public housing. This signature would be an initiative for tenants to move
lack clarity on statements. Residential homes have potential for abuse. In addition carers invade on privacy this is also discriminatory practice on by the organisation.
The evaluation is necessary for it would lead to a fruitful housing and tenant driven scheme for ABC Housing partnerships. As regards this, we find it of great importance to restate the request of the tender made public by ABC Housing Partnership.
Today's online seminar again is the tenant rep prospecting, presentations and negotiations. So what we're going to be doing today is entering into the lease analysis platform of the REIWise Power Broker. Now if you are new to Power Broker this is a single solution that's all web based. You can subscribe to this for $399 per year and create unlimited analysis in marketing. If you are CCIM designee you do have the entire power broker transaction platform for free and you can register for that on a link that I will send in the email afterwards but let's go ahead and jump in and get right into the lease prospecting, presentations, and negotiations. So what I'm going to do is I am going to come to my client login page, which you can see on the
The discourse relating to diversity also applies to senior high-skilled professionals. As there has been various discussion over the years to introduce quotas at board level, to assist those from underrepresented backgrounds. If individuals are selected to become directors based
In terms of public housing, white homeowners and people from the affluent area's believed that subsidized housing drops their property values, owners wouldn't devote on their properties, crime rise and threats to their community culture (Briggs, Darden, and Aidala 28). As for race or ethnicity, beliefs about the negative effects of nonwhite arrivals on property values clearly arise in part from attitudes long prevalent in the real estate industry. Babcock(1992) came to the conclusion, specifying that while other demographic traits can lower sale prices than racial change (Briggs, Darden, and Aidala 29). According to the Briggs, Darden, and Aidala’s article “In the Wake of Desegregation”, housing price near the housing project has varied and people were panicked and wanted to sell their house (29). However, the empirical analysis showed the opposite inclusive results and no evidence of direct consequences of subsidized housing or racial transition on a sense of zone or related counts of what they called non-financial speculation in one's community (30). The home prices were serious when the public housing had announced than dweller moved in (34). Writer's indicated proximate sale took place before or after the announcement and occupation of the first scattered-site public housing (SSPH) complex site near rich neighborhood's (38). On the other hand, in the wake of desegregation, we see their research indicated the role of good design as well as the preservation of the
In a recent report, we outlined how companies are meeting these realities head-on. The industry is beginning to implement solutions that drive success at every stage of market and product evolution:
In 2016, it is reported (by The Irish Times) that a mere 2,076 houses were built in Ireland. That figure becomes even more shocking when we exclude one-off properties built during this period. That reduces the number to an incredulous 848 apartments and estate houses built in 2016. A far cry from the 8,729 estimated by the Department of Housing (The Irish Times). As for Irelands city-regions, well in Dublin city and surrounding area, the nation’s capital and core business centre where more than half a million people already call their home, a disbelieving 336 apartments and estate houses were completed. Only sixty-eight of those were actually built in Dublin city according to figures in The Irish Times. In Cork city, Irelands largest county and an already well-established base of many major multination’s, out of the 848 apartments and estate houses only twenty-one were built in Cork city. So where does new Minister for Housing, Eoghan Murphy, expect incoming multinational firms to house their employees? Perhaps in a hotel or B&B, increasing the ridiculous figure of €39 million that has already been spent on housing Dublin’s homeless families in these hotels and B&B’s. Or maybe he’ll house them in the other forms of private emergency housing which has already drained nearly €10 million from the Irish economy in the last year. However, these dismal figures representing the lack of housing being built in city-regions is not even the main issue Irelands faces at
Addressing slow uptake of new technology due to redundancy risks or ease of sticking with the status quo and supporting workforce mobility.
Furthermore, the importance of efficient building services is highlighted through the link between building construction and service provision, and leasing and ownership issues in the current market. The current oversupply of office building stock, and prevailing market conditions of high incentive and vacancy rates have seen to a noticeable migration of tenants away from inferior buildings into more high-end stock
In Sydney, it was expected a slight slowdown in the residential sector nationally. Despite that the Sydney apartment market remains intact for the time being, with a positive capital value growth and rental growth in 2q17. Even though it has had a decade of pent up demand, this leaves more room to absorb
Another key element is how the corporate governance structure effects the election of the board of directors. Now more than ever, it’s important for organizations to display good corporate citizenship through ethical behavior and environmental awareness. A company’s board of directors should consist of a wide variety of business people with different backgrounds and areas of expertise. This diversity will help the board make well-rounded decisions – including appointing managers with the same amount of diversity as the board. By electing a diverse board of directors, it helps
The commercial work place sector will receive a strong shot in the arm with REITs. OWNING A HOME Trusts will own an important and long-term effect on coders and present them with the decision of either 'corporatising' or risking take-over by their bigger and better-organised counterparts. The
In order to keep up with the demand of housing space and do so at an affordable rate, it is necessary to rethink how the