The government has made a number of announcements recently concerning the future of property development. First came Sir Oliver Letwin's much-awaited interim report that was supposed to expose and provide a solution to alleged land banking by 'profligate' housebuilders. Then we got to see the much-delayed new National Planning Policy Framework, supposedly an enablerforthe much-needed 300,000 new homes per year. Next up was the social housing green paper, promoted a year ago as "the most substantial report of its kind for a generation". Now we have had the chance to analyse their impact, effectiveness and likely implementation, I do not think the reality lives up to the hype.
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