Just a quick note, to draw your attention to a thought-provoking piece on councils and their role in funding housing delivery (and/or ownership).
I’ve always been honest enough to acknowledge that I don’t understand how the housing market works. Just can’t get my head round even the basics. Supply ? Demand ? Value ? This didn’t really matter, and still might not apart from the zeitgeist building around housing delivery – particularly affordable housing delivery.
One idea is that councils find blue chip development partners and play their part in bankrolling a very long-term lease arrangement. Another is that councils become more active in funding people (‘owners’) to fund the building process itself. After reading this blog, I think I understand some of these ideas even less. Fantastic stuff.