Andy Hull discusses the need to ‘make housing development reform an integral part of housing policy’. We currently have a housing industry which ‘looks to make large incomes of small volume’ of houses and to stop this we need to split the development process in two; ‘on one hand land trading and on the other housing building’.
Just as banking reform seeks to isolate ‘casino-type’ banking activity from retail banking, building sector reform must likewise insulate land-based risk, and allow house building to focus on delivering quality and value in building homes.