Advertisement
Housing

Your RORA idea: ‘Millionaires can pitch into central housing fund’

As part of our Ride Out Recession Alliance, Phil Wheeler is issuing a rallying cry to pool resources so everyone can access housing. We’d love to hear your ideas too. Get in touch at rora@bigissue.com

The Big Issue reader Phil Wheeler shares his idea to deal with the lack of housing. We’re still looking for your ideas as part of our Ride Out Recession Alliance. Get in touch at rora@bigissue.com.

It appears to me that all the charities and other bodies such as yourselves are aiming too low in dealing with lack of low-cost homes.

I appreciate that the Government should be providing homes for anyone that needs it, but let’s be honest that is a long way off and probably never going happen.

So we need a different approach to provide social affordable homes:

This country is awash with millionaires, multi-millionaires and billionaires. From pop stars to footballers to entrepreneurs. I am certain that these people do their bit for charities but, let’s be honest, what they could do makes what the average person in the street contribute pale almost into insignificance. We can and should buy a Big Issue for £3, I am in no doubt people give more, but the rich could provide so much more.

So my thoughts are that via The Big Issue we persuade these people to give half a million pounds or, for the more wealthier ones, one million pounds to a housing fund. If we could get everyone from The Sunday Times Top 100, what a pot of money there would be!

This fund would be managed by The Big Issue across the country and would allow you to buy land, old buildings, office space and build or convert into affordable homes. Perhaps it would be possible for the people donating to own the freeholds and receive rent, if they so wished. Of course, ideally the rent could add to the pot and allow more homes to be supplied. I appreciate there would be lots of legal loops to go through. But you must be the people to do this and have the influence with those rich people.

Advertising helps fund Big Issue’s mission to end poverty
Advertisement

Best regards,

Phil Wheeler

Do you have your own big ideas on how we can prevent homelessness and protect jobs in the wake of the Covid-19 pandemic? Let us know at rora@bigissue.com
Advertising helps fund Big Issue’s mission to end poverty

GIVE A GIFT THAT CHANGES A VENDOR'S LIFE THIS CHRISTMAS 🎁

For £36.99, help a vendor stay warm, earn an extra £520, and build a better future.
Grant, vendor

Recommended for you

Read All
What a row over a tent village in London's West End says about the homelessness crisis
A man and a woman with their two dogs in a tent
Homelessness

What a row over a tent village in London's West End says about the homelessness crisis

Sadiq Khan condemns 'unfair profiteering' from sales of Right to Buy homes back to councils
Sadiq Khan superimposed over a tower block
Yo-yo Homes

Sadiq Khan condemns 'unfair profiteering' from sales of Right to Buy homes back to councils

Councils buy back £34m of ex-Right to Buy homes for over 3x sale price in 'economic madness'
housing secretary Steve Reed with a red line over his face next to a block of flats
Yo-yo Homes

Councils buy back £34m of ex-Right to Buy homes for over 3x sale price in 'economic madness'

Homelessness facts and statistics: The numbers you need to know in 2025
Homelessness

Homelessness facts and statistics: The numbers you need to know in 2025

Most Popular

Read All
Renters pay their landlords' buy-to-let mortgages, so they should get a share of the profits
Renters: A mortgage lender's window advertising buy-to-let products
1.

Renters pay their landlords' buy-to-let mortgages, so they should get a share of the profits

Exclusive: Disabled people are 'set up to fail' by the DWP in target-driven disability benefits system, whistleblowers reveal
Pound coins on a piece of paper with disability living allowancve
2.

Exclusive: Disabled people are 'set up to fail' by the DWP in target-driven disability benefits system, whistleblowers reveal

Cost of living payments: Where to get help in 2025 now the scheme is over
next dwp cost of living payment 2023
3.

Cost of living payments: Where to get help in 2025 now the scheme is over

Citroën Ami: the tiny electric vehicle driving change with The Big Issue
4.

Citroën Ami: the tiny electric vehicle driving change with The Big Issue