Ed Ferrari and Peter Lee, Building Sustainable Housing Markets. Chartered Institute of Housing, Coventry, UK. 2010. 168 pp.
Published at: 17 March 2011
In the early 2000s there was intense concern about the sustainability of local housing markets in parts of the north of England. Nine Housing Market Renewal Pathfinders were set up in 2003 as long term market restructuring initiatives, aimed at transforming residential neighbourhoods and securing sustainability in their local housing markets. Did the Pathfinders arrest the collapse in prices and demand in these neighbourhood? This book assesses the effectiveness of housing market restructuring initiatives, and asks how the nine areas are fairing during the current recession. It also looks at the wider lessons for building sustainable markets that we can learn from the Pathfinders. The authors have been closely involved in the development and monitoring of the programme and are ideally placed to analyse its results.