State-led financial support in property development to support ‘Levelling Up’ in England

Stephen Miles
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Stephen Miles: Cushman & Wakefield, UK

Journal of Urban Regeneration and Renewal, 2024, vol. 17, issue 4, 431-439

Abstract: The purpose of the paper is to explore recent practical experiences of state financial interventions in property-led regeneration in England. It considers the policy context for property regeneration through ‘Levelling Up’, explains the reasons for market failure and why state support is needed, and then outlines the various models/methods of financial state support to address such failures. It provides a commentary on the pros and cons of the various models, citing examples where appropriate, and concludes by highlighting some of the current challenges and opportunities facing funding and financing of regeneration activity.

Keywords: regeneration; levelling up; funding; property; development; intervention; market failure (search for similar items in EconPapers)
JEL-codes: R00 Z33 (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:aza:jurr00:y:2024:v:17:i:4:p:431-439

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