What is “Affordable Housing”, will I be able to buy a cheap house?
The phrase “Affordable Housing” is a misnomer, it is not cheap housing that everyday folk can buy. Affordable Housing is made up Socially Rented housing managed by RSL’s (registered social landlords) and intermediate housing (such as housing sold on a shared equity basis). You can’t buy “Affordable Housing” and later sell it at a higher market price, it would no longer be deemed “Affordable Housing”.
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