Housing as a driver for economic growth: Lessons learned from Birmingham City Council

Clive Skidmore

Journal of Urban Regeneration and Renewal, 2013, vol. 7, issue 1, 21-25

Abstract: The development of new housing has the potential to make a huge contribution to the UK economy, boost GDP and deal with the shortages of housing that affect many parts of the UK. Development risk is the key deterrent facing the private sector in bringing forward new supply, and public-sector landowners can play a key role in de-risking sites and incentivising development. This case study shows how ‘build now, pay later’ models can be highly successful in de-risking development and getting the private sector to get back to building new homes. This paper sets out how one local authority has proactively incentivised private-sector developers to build homes for sale in challenging areas with a weak housing market.

Keywords: Housing; economic; Birmingham; growth; risk; Birmingham Municipal Housing Trust (search for similar items in EconPapers)
JEL-codes: R00 Z33 (search for similar items in EconPapers)
Date: 2013
References: Add references at CitEc
Citations:

Downloads: (external link)
https://hstalks.com/article/3928/download/ (application/pdf)
https://hstalks.com/article/3928/ (text/html)
Requires a paid subscription for full access.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:aza:jurr00:y:2013:v:7:i:1:p:21-25

Access Statistics for this article

More articles in Journal of Urban Regeneration and Renewal from Henry Stewart Publications
Bibliographic data for series maintained by Henry Stewart Talks ().