(Speech from Oct 16, 2013 – starts at 12 mins in the above video)
I think housing is the biggest challenge that faces this council.
It’s an issue that affects every one of us.
Young renters moving through a series of expensive, short-term flats. Parents struggling to fund their children – from the ‘Bank of Mom & Dad’. The homeless families with their lives in ruins.
Local house prices are now 13 times local salaries. Private rents up 14pc in a year. Wandsworth is living through a housing crisis.
As councillor Thomas skilfully outlined, a series of welfare reforms are hitting our poorest residents. And this impact is about to get worse.
Housing is important.
That’s why Wandsworth’s Housing department is important.
It does some fantastic work. Tenant satisfaction levels are extraordinary, officers have created hundreds of Hidden Homes, the graffiti removal service is excellent there are hugely popular open days to encourage home ownership and affordable housing.
The £100m regeneration of our most deprived estates is possible thanks to the long-term strength of the rents account – the Housing Revenue account – which has a £1.8bn projected surplus.
And it can’t be said often enough in this debate – housing is funded by those people who live in council housing. There is a legal ring-fence around the money collected in rent – more than £100m a year.
Unlike other debates about cuts to services, this is not about the money we receive from government and this is not about the council tax we collect from residents.
The first thing to say about these proposals for 45 job cuts is that they were pushed through to evade scrutiny. The plans were fully formed at the time of the last housing committee but were hidden from councillors. This is not fair dealing.