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Since the last decade, the UK housing development sector has been in a state of stagnation. The growth of key players in that sector, especially in the sub-sector of affordable housing providers has been hampered by inefficient government legislation that has turned any form of development activity unviable…
Therefore, the key objectives as far as this paper is concerned are as listed below:
One of the prime reasons for undertaking this research is due to the fact that the sector of affordable housing caters to the needs of low income families such as small time workers, military personnel etc. therefore, an inefficient manner of development would imply a deep impact on denial of effective facilities to them. Secondly, there has not been much of a concerted effort towards outlining the causes of such a decline and there is also a need to highlight the problems being faced by the companies involved, which ultimately affects the development of the ultimate end users.
Though there has not been much effort directed in the proposed direction, there is a lot of scattered information in view of the topic that can be found in existing literature. In addition, there have been quite a number of case studies that have at least tried to understand and highlight the plight of the housing sector and its stunted development in the United Kingdom. In fact, some consultancies such as the Jones Lang LaSalle, CB Richard Ellis and Cushman have been working in this direction. ...
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