Apologies if this was clear in the piece and I'm just too dim to figure it out, but where is non-market housing supposed to come from if not government funding? Is the proposal to squirrel away capital when tax revenues are flush to ensure building continues in the case of a downturn?
The main source of non-state finance would be private sources. This can come from banks or from household savings, via a special savings fund. Another source would be from the equity (cash) of the social housing providers themselves.
Apologies if this was clear in the piece and I'm just too dim to figure it out, but where is non-market housing supposed to come from if not government funding? Is the proposal to squirrel away capital when tax revenues are flush to ensure building continues in the case of a downturn?
The main source of non-state finance would be private sources. This can come from banks or from household savings, via a special savings fund. Another source would be from the equity (cash) of the social housing providers themselves.