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...Meanwhile, housing associations, which build and run affordable housing, have warned that many of their development plans are no longer viable because they rely on private sector debt that is now too expensive...
...“And our commitment to boosting social housing supply remains....
...“I think there is a degree of frustration . . . while we have so many people at work and public finances that are still in such good condition, of course society wants to know why more homes aren’t being...
...Although its detonation may have been brought forward by the present costs of remediating substandard construction and the prospective costs of decarbonisation, the incapacity of housing associations to...
...Paul Hackett, chief executive of Southern Housing, one of the largest housing associations, said the group had stopped all new development for 2024 and 2025....
...This is due to the fact that British-era policies have allowed for about one-third of the population to reside in public rental housing, providing insulation from housing price fluctuations....
...This is by now a well-known issue, but Federal Housing Finance Agency had a stab at quantifying this “lock-in effect” in a March paper, which FTAV only spotted now thanks to Apollo’s Torsten Sløk....
...In recent years, the fund has sold assets to meet redemptions from investors and to finance large bets on data centres....
...associations....
...“It always, invariably, looks much cheaper to get the two- and five-year fixed rate,” says Simon Gammon, a broker at Knight Frank Finance....
...And the National Association of Home Builders reported today that homebuilder confidence made a surprise rebound this month....
...Housing associations have been under intense pressure to tackle mould and damp issues after the death of toddler Awaab Ishak in 2020 was attributed to prolonged exposure to mould that the local housing association...
...but “financial education” offers too much of a role to intermediaries, and thus risks being self-serving....
...The latter could include targets for housing, including affordable housing; for green spaces, to meet net zero objectives; and for cultural assets, such as libraries and museums, sports and leisure facilities...
...Last month, the government-sponsored mortgage finance agency Freddie Mac filed a proposal with its regulator, the Federal Housing Finance Agency, to enter into the secondary mortgage market, otherwise known...
...Letter in response to this article: It’s time parties adopted a shared vision for housing / From The Most Reverend Justin Welby and others...
...The strategy Bayer embarked on this year has targeted Idaho, Iowa and Missouri, states where it has significant business operations....
...Japanese carmakers’ share of the Chinese auto market declined by 2.2 percentage points year on year to 13.8 per cent in March, data from the China Passenger Car Association showed....
...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...
...“We’ll need to be more prudent with our finances and tighten the purse strings a little. But before, it would have just been too tight,” he says....
...safeguards are needed,” said a spokesperson for the Department for Levelling Up,Housing and Communities....
...He writes: “Financial markets actually approve of investment and higher growth rates; they will buy British government debt to finance it....
...John HunterCo-Head of Financial Learning,UK Shareholders Association, Orpington, Kent, UK...
...First, large urbanised areas — including tech and finance hubs — have driven economic growth since the pandemic, while smaller metro and rural areas have continued to lag behind....
...The Department for Levelling Up, Housing and Communities could not provide “any compelling examples of what had been delivered so far”, according to a report published by the House of Commons public accounts...
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