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Preaching to the converted

By: Series: Property Week ; 65(16) 20 April 2000, 26-29(2)Publication details: 2000Subject(s): Summary: Converting office and warehouse property to residential use is adding just 3% to the housing stock. A DETR-commissioned report "Conversion and redevelopment: processes and pitfalls" examines the potential concluding that if large houses were subdivided and commercial buildings were converted to homes 26,500 homes could be created. However there are impediments in the form of a reviving office market, the best buildings have already been converted, the need to include social housing elements in any conversion and a lack of tax breaks.
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Journal article London Journal article ABS62205 (Browse shelf(Opens below)) 1 Available 105935-1001

Converting office and warehouse property to residential use is adding just 3% to the housing stock. A DETR-commissioned report "Conversion and redevelopment: processes and pitfalls" examines the potential concluding that if large houses were subdivided and commercial buildings were converted to homes 26,500 homes could be created. However there are impediments in the form of a reviving office market, the best buildings have already been converted, the need to include social housing elements in any conversion and a lack of tax breaks.