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Resilience and housing markets: Who is it really for?

Resilience and housing markets: Who is it really for?

Ten years after the Global Financial Crisis, this research examines how resilience theory and rhetoric relating to the economy and housing markets has been translated into policy and practice. The methodology involves a case study of a city (Auckland) with a nationally dominant housing market and high unaffordability. Via secondary literature and a series of interviews we analyse questions connected to resilience […]

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Gloucester Docks Redevelopment

Should developers pay for public goods and services ? The Community Infrastructure Levy (CIL)

If the public purse is being squeezed we should start thinking about whether private resources should be used to fund public goods and services. When we start to ‘follow the money’ the fuzzy boundaries of public and private begin to emerge. With the rollout of the Community Infrastructure Levy (CIL) administered by local authorities, this question […]

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Florence - 39

Lessons need to be learned from Enterprise Zones and Empowerment Zones

  There is a need to learn lessons when using spatially targeted fiscal experiments if intervention is to generate wider developmental benefit. For Enterprise Zone concept in the UK (1981–2007) and an exported variant to the US, the Empowerment Zone programme (1993–2009) lessons can be drawn to inform the latest wave of Enterprise Zones in England (2011 to […]

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IMG_2363

Do we need a prudential approach to financing urban development?

                  Th use of bonded financial mechanisms such as Tax Increment Financing (TIF) can lever renewal within a wider policy framework. In an era of low economic growth, straitened finance, and an increasing emphasis on the ‘local’, bonded finance over the long term could effectively smooth property market volatility that […]

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