Housing associations don’t need UK guarantee

By GlobalCapital
22 May 2014

It’s a classic moral panic for the UK broadsheet newspapers. ‘Government housing policy fails’ scream the headlines. ‘Paltry take-up for social housing aid’.

We’ve seen it all before, with Funding for Lending, the Infrastructure Guarantee and other schemes.

The chancellor announces an eye-catching initiative to stimulate some sector with a big cash sum. A few months later, people start to notice hardly anyone has taken up the help. Questions fly and ...

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