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Survey found that renovating poor quality houses in England could bring £135.5bn of benefits

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Survey found that renovating poor quality houses in England could bring £135.5bn of benefits

A survey conducted by Building Research Establishment (BRE) found that fixing poor quality houses can bring £135.5bn of benefits over the next 30 years.
Editorial Team

The BRE report, titled “The Cost of Ignoring Poor Housing” analyses the effects of poor housing in British society. In England, around 2.4m homes are considered unsafe and unhealthy to live in. The benefits of improving poor quality houses are: energy savings for the health system, lower energy bills and pollution, increase property value, and creating job opportunities.

According to BRE, improving 65,000 homes with serious damp and mould issues would cost around £250m. If repaired, £4.8bn could be saved over 30 years. Hence, this research is targeting policy makers to raise awareness of the economic benefit which could be obtained if old residential would undergo renovation works.

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Themes
Policy and Regulatory Frameworks
Building Renovation
Indoor Environmental Quality