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...The levelling up department said the NPPF retained a “strong expectation” that authorities would plan positively for the housing needed in their areas....
...Local authorities can resort to compulsory purchase orders....
...Authorities could only meet real need by substantial building or acquisition of housing. Martin Johnson London SE1, UK...
...Currently, our system relies on private developers to build affordable housing. They cannot do this efficiently or at scale. Instead, local authorities should be given the tools to take the lead....
...Local authorities received a revenue grant, reducing as rents rose. Housing associations received a capital grant, recovered out of 100 per cent of inflationary surpluses....
...To really bring the issue home, the NY Federal Reserve put out a blog at the end of March on the implications for the United States of a hypothetical China property hard landing....
...The US Federal Trade Commission has voted to ban non-compete agreements, taking aim at contracts that limit employees’ freedom to quit for a new job at a different employer....
...The Competition and Markets Authority said that historically the 300,000 target had only been met when councils were providing a “significant supply” of new housing....
...Moody’s chief economist Mark Zandi argues that housing supply is being constrained by tight monetary policy, which pushes up rents and therefore OER....
...— The uneasy US housing stalemate...
...However, the housing market has been slow to reflect the rising risk....
...“The housing market has continued with its perennial issue of inelastic supply. There are far too few houses being built, and the number has been falling as local authorities have cut back.”...
...Measures of housing sector demand — from housing starts and construction employment to residential investment and mortgage applications — have looked weak for nearly two years....
...“Each local authority or council has got the option of whether they want new homes or not,” he said. “I don’t see any improvement until there is a change of government . . ....
...Is this the same Ben Bernanke who, as chair of the White House Council of Economic Advisers, said in late July 2005 that strong US housing prices reflect a healthy economy and that he doubted that there...
...’s Federal Open Market Committee’s March vote....
...But appeasing competition authorities may be another hurdle to getting this deal over the line....
...For example, in a report published in July 2020, the federal association of German housing (GdW) found that the €340bn spent on house retrofitting since 2010 had failed to decrease energy consumption: better...
...The US Chamber of Commerce and other trade groups sued the Federal Trade Commission on Wednesday after the regulator voted to ban non-compete agreements....
...The FCC also said it is revoking the operating authorities of four Chinese state-owned carriers to provide voice services in the US....
...Housing associations completed 40,000 homes across the UK in the year to March, while local authorities built 4,000, according to the latest data from the Office for National Statistics....
...As stubborn inflation data kept coming in over the first quarter, traders began to slowly align with the US Federal Reserve’s forecast for just three....
...The French national assembly is set to vote on Monday on a draft law that would give local authorities broad powers to set quotas on short-term rentals or impose compensation mechanisms, such as requiring...
...It would enable some to buy the home they live in and local authorities to buy the rest with sitting tenants....
...Levelling up secretary Michael Gove told the Times that local authorities would have three months to put in place plans to meet their housing needs....
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