000 01288cab a2200181 4500
001 L130865
008 050908n2005 000 0 eng u
035 _a(Sirsi) u130865
041 0 _aeng
100 _aGardiner, Joey
245 _aWhy the house price boom could hinder market renewal
260 _c2005
490 _aRegeneration and Renewal
_v2 September 2005, 18-21(4)
520 _aInvestigates the consequences of a sudden boom in property values in the nine housing market renewal pathfinder areas which were set up to raise house prices in areas blighted by abandonment and low demand. The pathfinders have found that the cost of buying and demolishing homes has doubled whist their funding has remained static. Questions whether the pathfinders still have a purpose and whether government will continue to support them. Many of the buyers in pathfinder areas are speculative investors, many sellers are home owners and landlords seeking to get out fast at high prices whereas the former residents removed from the pathfinder areas are facing severe affordability problems in booming house markets elsewhere. Case studies. Graphs cover house price rises in market renewal areas.
590 _aIKA130905
690 _aPROPERTY-PROPERTY MANAGEMENT-REGENERATION
942 _n0
999 _c75849
_d75849