A Viability Crisis?

  • In order to to try and forget about his beloved football team's current plight, Bull and Bear discuss John Lewis' decision this week to close its housebuilding business.

  • They are concerned that if a trusted, well-funded national brand who is sitting on exactly the kind of brownfield and air-rights sites that policymakers want repurposed can't make housing schemes work, then there must be problems with the existing system.

  • Whilst planning reform seems to be the Government's go-to answer, Bull and Bear believe the Government should also address the lack of affordable mortgage lending, as well as the sector’s rising taxes and regulatory costs.

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