11 social housing rents have increased faster than earnings since 2001 02 since 2011 the government has allowed local authority and housing association landlords to set rents at affordable levels which it defines as up to 80 of local market. Intermediate housing is homes for sale and rent provided at a cost above social rent but below market levels subject to the criteria in the affordable housing definition above. We document that the recent house price experiences within an individuals social network affect her perceptions of the attractiveness of property investments and through this channel have large effects on her housing market activity our data combine anonymized social network information from . To challenge negative stereotypes around social housing presumably what is meant by stigma is an important task but not of equivalent urgency to building homes housing market real . In the good old days councils and housing associations built social rented housing often called council housing it was a simple idea in which rents were based on a formula that combined
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