Quote Originally Posted by Exiletyke View Post
So you're not aware of the restraints the Gov't imposes on LA's in their ability to borrow for house building

The government has already announced that it is reclassifying housing associations as private bodies, thereby freeing them to borrow. While this is a welcome step, to truly tackle the housing crisis the government must extend the right to borrow to local authorities, allowing them to invest in building a new generation of council homes.
[/QUOTE]

never said owt about borrowing theres many councils out there that have lots of savings and could easily use that to build new houses.
theres no land to purchase so a massive saving there they just need the cost to build and there low cost housing so wont be that expensive to build.