UK Housing Policy: An Interview with Stephen Hill
Stephen Hill on a national re-investment bank. 10
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<p>Stephen Hill discusses the nationalisation of financial institutions and where this leads housing policy. He also proposes a National Re-Investment Bank. So will the Government’s partial nationalisation of the banking system here produce a more sensible financing situation? – there is the chance to develop several of these as a National Reinvestment Bank to facilitate more development – and hopefully the Homes and Community Agency will play a facilitative role by making ready a supply of serviced land, acquired while land prices are low – but currently the HCA is inadequately resourced – we have to relearn some old lessons from Ebenezer Howard about the returns to public investment in infrastructure – the basic problem is speculative ‘spikes’ in value – it is the state’s function to manage this – the market cannot do this</p>
<p> Z2K Housing Review April 2009 Issue One: <a href="http://news.humanrightstv.com/z2k-housing-review-april-2009" target="_blank">Contents</a></p>
<p><a target="_blank" href="http://news.humanrightstv.com/z2k-2009-budget-response">See the Z2K Response to the 2009 UK Budget</a></p>
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