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Many readers may be unfamiliar with social housing, which essentially involves leasing properties from private landlords or residential blocks. Businesses facilitate this by leasing these properties and subsequently finding social housing providers. These providers then occupy the leased properties to offer housing solutions to vulnerable groups, such as refugees, single parents, and low-income families.
The arrangement allows these businesses to take a portion of the rent collected, while the responsibility of maintenance and repairs is managed by the social housing organizations involved. This model not only serves a critical social function by providing shelter to those in need but also creates a viable income stream for investors like Ree.