Property News · May 14, 2018

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


Roger Madelin calls for higher corporation tax and says reliance on private developers to pay for affordable homes is stupidOne 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.Roger Madelin, a member of the executive committee at British Land, told the Guardian the decades-old system of getting private developers to pay for affordable homes was “a stupid way of meeting this social need” and that the government should directly fund them. Continue reading…

Source : theguardian.com
Read more…Social housing funding system is ‘nuts’, says top property developer

You may also like...