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Jonathan Bunt: housing and the Spending Review

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What does the chancellor’s housing package announced in the recent Spending Review mean for councils? Jonathan Bunt looks at whether there will be more local authority housing activity and if PWLB borrowing might be cheaper for this.

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At a headline level, the Spending Review announcements were hugely positive for councils and their housing association partners to begin to address the long-term

The government has been warned by revenues experts that its planned mansion tax is “suboptimal” and “unnecessarily complicated” and may raise less than hoped because of behavioural changes among taxpayers, including high levels of avoidance.

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