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| Link to web site (PDF file is late-May 2012) |
"... The market in residential development changed fundamentally with the onset of the financial crisis in 2007. Funding for land purchase ... became highly restricted. ... Coupled with the housing downturn, the land market effectively seized up.
"... Viability on regeneration and inner city schemes,
particularly those with high density flats, became highly problematic.
... ...
"Perhaps the most worrying conclusion produced by our
research is the availability of debt for development – already highly constrained
– is retreating further.
"... Developers are often looking to partnerships to
progress sites, both with other private sector organisations and the public sector*."
* Well, there's always
Barnet.
Barnet.
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