Dealing with the downturn
Language: English Series: Planning ; (1770) 23 May 2008, 16-17(2)Publication details: 2008Subject(s): Summary: Reports on recent signals from the housing and housebuilding markets that developers are building fewer homes. According to the RTPI, land supply has not changed but finance for new developments is not forthcoming. Raises concerns that building companies are less likely to prioritise affordable housing schemes. Notes that mortgage products are offering less finance. Warns that more people are likely to be in need of affordable housing, just as developers begin to stall in their production of it. Housing associations are being sold land by developers, but in this climate seem less likely to allocate this to commercial schemes.| Item type | Current library | Call number | Copy number | Status | Date due | Barcode | |
|---|---|---|---|---|---|---|---|
| Journal article | London Journal article | L143869 (Browse shelf(Opens below)) | 1 | Available | 143869-1001 |
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Reports on recent signals from the housing and housebuilding markets that developers are building fewer homes. According to the RTPI, land supply has not changed but finance for new developments is not forthcoming. Raises concerns that building companies are less likely to prioritise affordable housing schemes. Notes that mortgage products are offering less finance. Warns that more people are likely to be in need of affordable housing, just as developers begin to stall in their production of it. Housing associations are being sold land by developers, but in this climate seem less likely to allocate this to commercial schemes.