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Critically examine changing institutional engagement with the residential sector in the UK.
Engineering and Construction
Pages 10 (2510 words)
THE CHANGING INSTITUTIONAL ENGAGEMENT WITH THE RESIDENTIAL SECTOR IN THE UK Name Course Tutor’s Name Date Introduction In the past, there has been low institutional engagement with the residential sector in the United Kingdom. There have been low levels of institutional investment and engagement in the residential sector, as few institutions seek to provide housing services to the people.
A number of institutions currently engage with the residential service providers due to a number of reasons. This essay seeks to examine critically the changing institutional engagement with the residential sector in the UK. It will look at the reasons for low institutional engagement in the country, the trends in the residential sector, factors facilitating the increased level of institutional engagement in the residential sector and the impact of the increased institutional engagement. Finally, it will draw conclusions from the study results. State of Residential Sector in the United Kingdom Residential sector, defined as the occupied or unoccupied, owned or rented, single-family or multifamily housing units, does not include institutional housing (Mullin 2006 p. 227). Among these, include hostels, school dormitories, and hospitals among others. Arimah (2000, p. 2552) points out that compared to the public sector, residential sector scores significantly low in the level of investment. Despite people, suffering from high rental costs and poor housing qualities, the much efforts put towards improving the situation appear rather weak. ...
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