Mind the Gap

The Great Wealth Divide. Photo: BBC World Service

Updated: 06/02/2012

Last week I had the good fortune to stumble across a great little two-part radio documentary on the BBC World Service called The Wealth Gap: The View from London. The programme vividly brought to life how our lives are shaped by inequality. It also succeeded in conveying the complex nature of inequality and the challenge it presents to policy-makers wishing to take steps to reduce it. 

2012: a year defined by inequality?

Inequality and the widening gap between the richest and the poorest in our society has hardly been out headlines of late. Wherever you look, from the recent political jockeying over the size of Stephen Hester's bonus to the ongoing high-profile protests organisers by the likes of Occupy movement and UK Uncut, it seems, at a rhetorical level at least, everyone is agreed that 'something has to be done' about inequality.

Throw in some added economic gloom for good measure and the timing of The Wealth Gap's broadcast starts to look like an inspired move on the part of the BBC World Service (itself a victim of deep reductions in public funding).

What London's B&B bill tells us about the housing market

Sign of the times:  Councils' use of Bed & Breakfasts as temporary accommodation remains high. Image: TripAdvisor.com

Yesterday I found myself working for thinkpublic on a research project exploring people's experiences of homelessness. It's still early days for the project so I can't say too much about the fine-detail of the project. I can however share with you my thoughts on a an interesting (by Policy standards, anyway) fact I learned.

Fact of the day

I learned that one London local authority spent approximately £300,000 last year on nightly paid or 'Bed & Breakfast' temporary accommodation for homeless people. If this sounds like a lot of money that's because it is. And yet compared to neighbouring boroughs, this authority is actually pretty good at placing its homeless residents in more appropriate and more cost effective forms of temporary accommodation.

High times living in the city

The high figure for Bed & Breakfast payments is, in large part, an expression of the pressures the London housing market is under. It doesn't take a genius to work out that demand for housing in London vastly outstrips supply. This means private landlords can nearly always find people with jobs ready to snap up their rental properties. Local authorities are finding it increasingly difficult to persuade private landlords to lease their properties on a long-term basis for use as temporary accommodation. Consequently, local authorities are finding that the feel there is no other option available to them other than to rely on more expensive, short term Bed & Breakfast accommodation.