SUBSCRIBERS
Report faults UK govt's land sales scheme
Published Thu, Sep 24, 2015 · 09:50 PM
London
THE UK government has failed to provide taxpayers with adequate proof that the sale of land has enabled it to meet its housebuilding targets, the Public Accounts Committee said.
In a report examining the disposal of public land, the cross-party panel of lawmakers accused the government of "wishful thinking dressed up as public policy" and said a more rigorous approach is needed now that new housebuilding targets have been set.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
Homebuyers shun new real estate in Vancouver, hurting builders
US pending home sales jump in March to hit highest in the year
Blackstone strikes US$1.6 billion student housing deal with KKR
European real estate deals slump to lowest level in 13 years
Singapore Q1 industrial rents rise further as occupancy dips and prices fall: JTC
Condo resale volumes rebound in March; prices inch up 0.4%: SRX, 99.co