Response: Wolfson Economic Prize
By: Toby Lloyd
Published: June 2014
Response: Wolfson Economic Prize
England desperately needs more homes. But our supply system is locked into a low output, low quality and high cost paradigm. Our New Garden City model transforms this dysfunctional system by delivering:
Pension funds supporting large scale house building.
1,000+ homes built out per year per site.
A viable, large scale off-site residential construction industry.
A small and medium house builder renaissance.
Quality homes affordable to the builders and architects who create them.
Substantial self-build contribution to supply.
A self-funding mechanism for transport infrastructure upgrades.
Local people having vested interests in supporting development.
Community ownership of assets funding exemplary local services.
Zero public finance for development.