Archive for September, 2009

Funding the Future

Monday, September 28th, 2009

In this presentation to the Pamwin Conference 2009 we were asked to gaze into our crystal ball to see how the public subsidy system may change after the 2008/11 period. The presentation looked at historical trends in the subsidy system to identify the trajectory. In concluding that we would be moving from a grant-based system to a debt-based regime it also highlighted the possibility that the new world could involve rent deregulation, a shift from capital subsidy to revenue subsidy and increased “churn” of the social rented stock.