Sarah Monk & Christine Whitehead 
Making Housing more Affordable 
The Role of Intermediate Tenures

The movement away from traditional rented approaches to meeting the
housing needs of those on modest incomes has taken on new momentum
in the latest economic cycle.



This book answers some of the questions around affordable
housing and low cost home ownership, and whether these intermediate
tenures have the potential to play a longer term role in achieving
sustainable housing markets.

The editors clarify the principles on which the development of
affordable housing and intermediate tenures has been based; analyse
the policy instruments used to implement these ideas; and make a
preliminary assessment of their longer tem value to households and
governments alike.

Making Housing More Affordable: the role of intermediate
tenures brings together an evidence base for researchers and
policy makers as they assess past experience and work to understand
future options.

The book draws mainly on experience of the intermediate housing
market in England but also on examples of policies that have been
implemented across the world. It clarifies both the challenges and
the achievements of governments in providing a well operating
intermediate market that can help meet the fundamental goal of
‘a decent home for every household at a price within their
means’.

The first section outlines the principles and practice of
intermediate housing and examines the instruments and mechanisms by
which it has been provided internationally. The next section
estimates who might benefit from being in intermediate housing and
projects the take-up of different products in the future. Section
III examines the supply side and Section IV introduces some case
studies of who gets what. The final section looks at how
effectively the intermediate market operates over the economic
cycle.

Table of Content

Chapter 1: Why intermediate housing markets? (SM/CW).

Chapter 2: Measuring the extent of the intermediate market
(AH/SM).

Chapter 3: Intermediate housing and the planning system
(AC/CW).

Chapter 4: Policies to extend the intermediate market
(CW/SM).

Chapter 5: How employers and employees see the intermediate
market (RL/SM).

Chapter 6: The relationship between housing and labour markets
and the implications for the local economy (CW/KS).

Chapter 7: Stakeholder views on the intermediate market
(DL/AC).

Chapter 8: Who is the intermediate market for? (CW/YC).

Chapter 9: International approaches (CW/KS/JY).

Chapter 10: Conclusions (CW/SM)

About the author

Sarah Monk, Deputy Director, Cambridge Centre for Housing and Planning Research Department of Land Economy University of Cambridge, UK

Christine Whitehead, Department of Economics, London School of Economics, UK