Selling vacant properties improves the quality of social housing estates, according to a report published on Wednesday.
The study, published by the Joseph Rowntree Foundation, said a mix of tenures in social housing estates led to an improvement in property prices, lower turnover and increased demand.

Consultants Graham Martin and Judi Watkinson also assessed the Joseph Rowntree Housing Trust's "selling alternate vacants on estates" scheme, which used the proceeds from sales of empty homes to build rental stock.

The value of a terraced home in a village near Earswick, Yorkshire, doubled in the past four years and there was increased resident satisfaction and social stability after the programme was introduced.

Source

Housing Today