000			01090cab a22001935a 4500
001			L144209
008			080703e20080620xxka f s 000 0 eng d
035			_a(Sirsi) u144209
041	0		_aeng
100	1		_aWatson, Stuart
245	0	0	_aNow the lifeboat's sinking, too
260			_c2008
490			_aBuilding _v213(8534) 20 June 2008, 60-62(3)
520			_aDiscusses how current economic trends and the affects of the credit crunch are affecting housing associations. The article illustrates that while housing associations have benefits in that they can obtain land at lower than market rates, they are now being exposed to higher lending rates than were typically offered in the past and are suffering adverse affects as a result of lowered activity among private house builders. It also asserts that some housing associations may risk breaching their loan covenants in the event of a prolonged economic downturn, through a combination of reduced sales and falling land value.
590			_aKA
651		4	_aUnited Kingdom _y
690			_aResidential property _96266
942			_n0
999			_c80389 _d80389