Skip to Main Content

Local asset backed vehicles: controversial but “one of the few options” to tackle the housing crisis

Image placeholder

Please subscribe or upgrade your membership. To continue reading this article please sign in below or subscribe to our site.

Subscribe

Political pressure may have ended Haringey's local asset backed vehicle but, Anthony Breach argues, if councils want to address the housing crisis the structure

Paul Guilliotti, director of Financial Services, Richmond and Wandsworth Councils argues that current high funding levels should be approached with caution as marginal changes to discount rates can potentially have a significant impact.

(Shutterstock)