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Contents

PART ONE:
The Price of Our Public Housing Programme

Executive Summary 07

1. Introduction 12

2. Background: The Contemporary Picture 14

3. The Inequality and Inequity of Housing Units 22

4. Divorce and Family Breakdown 26

5. Intergenerational Mobility and Poverty 31

6. Public Housing Policy and Social Justice 36

7. The Subsidised Homeownership Scheme 39

8. Concerns 43

9. Conclusion 47

Appendix I: A Note on the Resettlement Programme 48

Appendix II: Measurement of Household Income Inequality 50

Appendix III: Homeownership Rate and Housing Prices 51

10. Reference 55

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