Monday, 27 June 2011

HRA Reform Could Halt Demolition

The new system of self-financing could deter authorities from demolishing old stock according to a report, Making the most of HRA Reform, from Pricewaterhouse Coopers and The Smith Institute. The report argues that the move to self-financing, which will lead to councils being able to keep rental income in exchange for taking on debt, could produce £54 billion of investment over the next 30 years. Read more on Inside Housing.

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