PROPERTY: Are Housing Associations Getting Too Big? - Social Housing September Series With Neil Goodrich
In the 3rd episode of the TPNP UK Housing Association series, Rob and Neil Goodrich sit down to discuss whether they are getting too big and unwieldy. They look at examples of both types of associations to tease out the answer to the question: are housing associations, in the UK, getting too big? As well as using their experience to provide their take on what the ideal size for this type of organisation is.
The Property Nomads Podcast · Rob Smallbone & Aaron Devoy
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Show Notes
In the 3rd episode of the TPNP UK Housing Association series, Rob and Neil Goodrich sit down to discuss whether they are getting too big and unwieldy. They look at examples of both types of associations to tease out the answer to the question: are housing associations, in the UK, getting too big? As well as using their experience to provide their take on what the ideal size for this type of organisation is.
KEY TAKEAWAYS
- Being a small organisation does not automatically mean you will be a good housing association.
- Big and large associations both have distinct advantages and disadvantages.
- Big associations not fulfilling their obligations have a significant negative impact on society, because they are affecting so many families (tenants).
- The type of housing stock an association owns has a significant impact on how many units it can physically run efficiently.
- If an aspect of the association is not working well, e.g., the repair service is inefficient. You can fix the issue fast with 50 units. When you have 125,000 units, sorting things out is like climbing a mountain.
- When housing associations merge, they tend to carry on using their separate systems, which is part of the reason things go wrong. Neil demonstrates why that is, in the podcast.
- The UK needs both big and large organisations. For example, a small association that tackles housing for a sector of society with special needs makes sense.
BEST MOMENTS
‘There is an argument that when you get to around 50/60,000 units, you get too big to manage effectively… but there are advantages and disadvantages.’
‘Somewhere around 50 to 60,000 units does feel like the right balance.’
‘Being big is not necessarily a problem, it's about being effective.’
EPISODE RESOURCES
Neil Goodrich Twitter: @NGoodrichHsg
Inside Housing - https://www.insidehousing.co.uk/
ABOUT THE HOST
Rob Smallbone, the host of The Property Nomads Podcast, is on a global mission to guide your success. Success can happen in many ways, shapes, and forms. Think about what success means to you. More properties? More clients? Financial freedom? Time freedom?
Rob wants to make a huge difference to people around the world. He is here to guide your success in property, business, and life and to inspire you to achieve your goals, dreams, and visions. He's travelled, explored, and invested. And he's not planning on stopping these activities anytime soon.
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