Centre for Regional Economic and Social Research, Sheffield Hallam University Chris Dayson, Paul Lawless and Ian Wilson

Year of publication: 2013

Northern Housing Consortium (NHC) commissioned CRESR to assess the economic impact of housing organisations on the Northern economy, defined as the three regions of the North East, the North West and Yorkshire and the Humber.

The report uses both quantitative and qualitative evidence, including a survey of housing organisations managing units within the three North regions, and in-depth qualitative work with seven case study housing organisations.

The research found that in 2011/12, housing organisations supported:

• a total output of £10,269 million in the North
• a total worth of £4,646 million Gross Value Added to the Northern economy: 1.8 per cent of the total Northern GVA
• 116,900 FTE jobs in the North; housing organisations indirectly support 1.8 FTE jobs per one directly employed FTE

Challenges and opportunities identified include income declining due to welfare reforms and the changing composition of expenditure altering the multiplier effects, such as increased spending on rent collection and management costs leading to more limited multiplier effects than spending on construction and repairs.

Content type: Anchor institutions

Tags: Report

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