Vacancy chain model of social housing

What is it about?

This article builds a model of the housing system that places social housing within a dynamic framework in which vacancies are transferred between tenures and sectors. This framework allows the propensity of vacancies transferring between these tenures and sectors to be calculated from secondary data. This in turn enables the longer term impact of changes to the stock of social housing -- such as through investment or disinvestment -- to be more meaningfully modelled.

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Why is it important?

This work demonstrates how vacancy chain models can be built using secondary data on social housing transactions collected by housing organisations in England.