The financial noose of residential development [electronic resource]
Language: English Series: Cluttons ViewpointPublication details: London Cluttons 2011Subject(s): LOC classification:- 306.1 $2 18
| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Book | Virtual Online | ONLINE PUBLICATION (Browse shelf(Opens below)) | 1 | Available | 152904-2001 |
Highlights financial restraints faced by residential property developers since 2008. Banks have withdrawn funding for development schemes, potential homeowners particularly first time buyers are having problems obtaining mortgages and funding for affordable housing schemes is scarce. Alternative ways of raising finance for development schemes are considered include tax increment financing (TIF), joint ventures between landowners and developers and attracting property investors.