Social housing funding system is 'nuts', says top property developer - News Summed Up

Social housing funding system is 'nuts', says top property developer


One of the country’s top property developers has described the UK’s system of funding social housing as “nuts” and called for higher taxes to speed up building. It can’t work in the long term, you can’t expect developers to continue to produce for the population’s social needs at this level. Read moreMadelin’s suggestion will raise eyebrows in the notoriously profit-driven property industry as it implies increased taxes on its profits. But the volume of affordable homes achieved in planning deals across the country is often significantly lower. Facebook Twitter Pinterest The park in the Canada Water/Surrey Quays regeneration masterplan.


Source: The Guardian May 14, 2018 09:44 UTC



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