Having read over the years of numerous developments with their proportion of affordable housing, I realised that I had never seen a definiton of the term. However, it was obvious to me that, whatever the definition, the overwhelming majority of the homes in these developments were not "affordable."
I have found the definition on http://www.communities.gov.uk/housing/housingresearch/housingstatistics/definitiongeneral/
Social and affordable housing
Affordable housing includes social rented and intermediate housing, provided to specified eligible households whose needs are not met by the market. Affordable housing should:
meet the needs of eligible households including availability at a cost low enough for them to afford, determined with regard to local incomes and local house prices; and
include provisions for:
the home to be retained for future eligible households; or
if these restrictions are lifted, for any subsidy to be recycled for alternative affordable housing provision.
Social rented housing is rented housing owned and managed by local authorities and HAs, for which guideline target rents are determined through the national rent regime. It may also include rented housing owned or managed by other persons and provided under equivalent rental arrangements to the above, as agreed with the local authority or with the Homes and Communities Agency as a condition of grant.
Intermediate affordable housing is housing at prices and rents above those of social rent but below market price or rents, and which meet the criteria set out above. These can include shared equity (eg HomeBuy) and other low cost homes for sales, and intermediate rent.
As a bear of very little brain, I cannot understand why we do not have developments that are 100% affordable. The overwhelming need in Teignmouth and Dawlish seems to me to be for affordable housing and the requirement for large numbers of more expensive homes seems less clear.
I am not in need of political education but I would be grateful if someone could explain to me why an apparently staightforward requirement cannot be fulfilled.
Please