Crash Course With Michael Walker cover image

Building Council Homes w/ Aydin Dikerdem

Crash Course With Michael Walker

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The Conservative Council Worried About Regeneration Plans Not Happening

After the crash land fell in value. So they now had, from all Gicholi, you'd call it negative equity. They presumably borrowed a lot of money to buy this piece of land. And then after that, it was worth less than it was before and to help them out to prop them up. The council pushed through the planning application and the viability based on the pre-crash land values. Now let's think of a way in which, I mean, when I think about what we would do, if we had that land now, with it, it breaks my heart. If we go into a joint venture relationship or whatever... Buy and buy is artificially lowering housing prices

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