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WEDNESDAY, JULY 8, 1987

STRATEGY HAD THREE HE NOTED THAT THE LONG TERM HOUSING

MAIN DEALT WITH THE BALANCE STRANDS, AND THE MOST IMPORTANT ONE, WHICH

HOME OWNERSHIP BETWEEN

AND PUBLIC RENTAL HOUSING HAD PERHAPS ATTRACTED LEAST ATTENTION IN PUBLIC DEBATE.

HE SAID RECENT HOME OWNERSHIP SCHEME SALES HAD SHOWN

DESIRABLE NOT DEMAND FOR HOME OWNERSHIP AND IT WAS CLEARLY PLAN TO SATISFY THIS DEMAND BUT TO GIVE DUE PRIORITY TO THE OF PUBLIC RENTAL HOUSING.

A STRONG ONLY TO PROVISION

CONSIDERABLE NUMBER OF PROSPECTIVE

SCHEME FLATS BUT THE PRESENT POLICY WAS

MR FORD SAID THERE WAS A PUBLIC RENTAL TENANTS WHO PREFERRED HOME OWNERSHIP THEIR CHANCES OF OBTAINING SUCH FLATS UNDER VERY SMALL AND MOST HAD TO MOVE INTO PUBLIC RENTAL HOUSING.

GAUGE

THE

TO HOUSING

"UNDER THE NEW STRATEGY, IT IS INTENDED TO

THEY ARE PREFERENCE OF PROSPECTIVE TENANTS BEFORE

REHOUSED AND PROVIDE THE RIGHT BALANCE OF HOME OWNERSHIP AND PUBLIC RENTAL UNITS TO MATCH THEIR DEMAND.

THEREFORE "PROSPECTIVE TENANTS OF RENTED HOUSING WILL

NOT BE

EXERCISES AND COMPETING IN BALLOTING

THE CHANCES OF SUCCESS IN BALLOTING BY OTHER APPLICANTS WHO WISH TO BUY THEIR OWN HOMES WILL IMPROVED."

BE

SEEN

CRITICS OF THE STRATEGY HAD HE POINTED OUT THAT SOME THESE PROPOSALS AS SHIFTING THE BASIS OF THE PUBLIC HOUSING PROGRAMME NEEDS OF THE FROM RENTAL TO PURCHASE." THEY ARE CONCERNED THAT THE

BE LOWER INCOME GROUPS WHO CANNOT AFFORD TO BUY WILL

NEGLECTED. THESE CRITICS HAVE FAILED TO GRASP THE ESSENTIAL PRINCIPLE OF THE STRATEGY WHICH IS TO MAKE HOUSING PROVISION DEMAND LED."

PURCHASE

PROJECTIONS

BUT

NEW

AN

SHOWED HE ADDED THAT PRESENT INDICATIONS AND INCREASING DEMAND FOR HOME

BUT IF THIS TREND SHOULD BE

BE READILY

CHANGED то REVERSED, THE BALANCE OF THE PROGRAMME COULD MEET AN INCREASED PROPORTION OF RENTAL DEMAND.

STRATEGY,

BEING

THIS FLEXIBILITY, WHICH WAS INHERENT IN A DEMAND LED SHOULD ALSO ALLAY THE FEARS OF THOSE WHO SAW THE PROJECTIONS AS TOO OPTIMISTIC OR OVER-EMPHASISING PEOPLE'S PURCHASE. HE SAID.

ABILITY

TO AFFORD HOME

"THE SECOND AIM OF THE STRATEGY IS TO INCREASE THE FOR ASSISTED HOME PURCHASE THROUGH THE INTRODUCTION PURCHASE LOAN SCHEME TO SUPPLEMENT

HOME OWNERSHIP PRIVATE SECTOR PARTICIPATION SCHEMES.

THE

OPPORTUNITY HOME OF A SCHEME AND

"'UNDER THESE SCHEMES THE CHOICE OF LOCATION, SIZE AND LAYOUT OF FLATS IS LIMITED AND THESE SCHEMES DO NOT MAKE FULL USE OF THE FINANCIAL AND LAND RESOURCES AVAILABLE AND OF THE EXPERTISE OF THE PRIVATE SECTOR.

"THE HOME

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