Government data reveals the growth trajectory of affordable housing in Croydon from 2009 to 2023. After the economic crash, the number of affordable homes saw a steady increase, peaking at 27,280 in 2023 before slightly declining. Factors impacting the fluctuating numbers include policy changes, property sales through right-to-buy, and a predominantly private housing market. Despite the growth, first-time buyers still face challenges, with Croydon noted as an affordable area by property experts, emphasizing the need for comprehensive data beyond average prices.
Affordable housing numbers in Croydon have grown since the 2008 economic crash, with a slight decline noted in 2023, highlighting ongoing challenges and changing policies.
The steady increase in affordable homes since 2009, despite economic challenges and policy changes, shows a commitment to support low to moderate-income residents in Croydon.
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