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PR 02/19 | Affordable Housing Benefit

Verzjoni bil-Malti

The Council of the Kamra tal-Periti notes with satisfaction that one of its recommendations in its consultation reply on the Rent Reform White Paper has been introduced earlier this afternoon by Minister Edward Scicluna and Parliamentary Secretary Roderick Galdes. The Kamra tal-Periti had published its consultation feedback on 30th November 2018, and put forward several recommendations and observations, including the conversion of rent subsidies into a housing allowance similar to the British housing benefit.

It had also recommended, however, that Government should keep in mind the risk that increasing liquidity in the rental market coupled with sustained population growth would result in further inflationary pressures. In the Kamra’s view, therefore, it is imperative that Government monitor closely the effects of this reform on the rental market on a continuous basis to be able to calibrate the balance between affordability and rent inflation.

Nevertheless, this measure alone will not address the problems of housing affordability. The Kamra tal-Periti looks forward to meeting with the Hon Roderick Galdes in the very near future to discuss in greater detail its other proposals on advancing affordability in the rental market.

 

 

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