To solve the housing crisis, we should give councils freedom to borrow

The government has this week launched a £54m package aimed at helping local authorities make the most out of their surplus land for housing. This includes a £45m ‘land release fund’, through which cities will bid for cash to remediate sites for residential projects, and to build any extra infrastructure required to unlock awkward or remote sites.

The new announcement will also see an extra £9m made by One Public Estate, a partnership between the Local Government Association (LGA) and Cabinet Office which offers funding and support for councils to “deliver ambitious property-focused programmes”.

These initiatives reflect the need for local authorities to make the best possible use of the disused land and buildings at their disposal, as set out in our recent report and previous research on this issue from 2015. Both of these reports discussed the LGA’s One Public Estate programme as a significant help, giving cities and local authorities under huge budgetary pressure the resources to help them look at their public assets and how they can be used to reduce costs, reform services and earn capital receipts from the disposal of any surplus property.

The new package announced by the government this week should make a difference in realising one of the central ambitions for the One Public Estate programme of releasing surplus council-owned land for 160,000 homes by 2020. Few people would doubt the need to do so: house prices are now at least seven times higher than average local wages in 34 of 63 UK cities, and new development will bring life and economic activity to neglected or underused parts of cities. All funding to help get more homes built and support city economies is therefore to be welcomed.


But if the underlying goal is to get more homes built, then the expansion of bid-based, centrally-directed pots of money seems like a needlessly bureaucratic way for cities to try to make the most out of their assets. Instead, it would be simpler – and more in-keeping with the spirit of the government’s continued ambitions of greater devolution – to give cities with existing social housing stock greater freedom to borrow against that steady revenue to build more housing, and in particular affordable housing. After all, local authorities already have the supply chain and infrastructure in place to get more homes built – lifting the cap would give them more of the autonomy they need to go ahead and do so.

We’ve called for the removal of restrictions on councils’ ability to borrow money in order to invest in new housing on several occasions, as have cities and the LGA. But while many local authorities have headed to the Public Works Loan Board to invest in assets that will provide the returns needed to plug their finances (as well as take a greater role in shaping their economic development), borrowing more to build more homes as this programme argues is seemingly off the table.

At a time when Brexit will be consuming the time and concentration of civil servants across Whitehall, adding another round of drafting proposals, entering bids, assessing entries and deciding on winners seems to be an unnecessarily convoluted way of achieving One Public Estate’s aim of getting more homes built on council-owned land.

Simon Jeffrey is a researcher and external affairs officer at the Centre for Cities, on whose blog this article first appeared.

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Never mind Brexit: TfL just released new tube map showing an interchange at Camden Town!!!

Mmmmm tube-y goodness. Image: TfL.

Crossrail has just been given a £1bn bail out. This, according to the Financial TImes’s Jim Pickard, is on top of the £600m bailout in July and £300m loan in October.

That, even with the pound crashing as it is right now, is quite a lot of money. It’s bad, especially at a time when there is still seemingly not a penny available to make sure trains can actually run in the north.

But the world is quite depressing enough today, so let’s focus on something happier. On Saturday night – obviously peak time for cartographic news – Transport for London emailed me to let me know it would be updating the tube map, to show more street-level interchanges:

Connections between several pairs of stations that are near to each other, but have traditionally not been shown as interchanges, now appear on the map for the first time. These include:

  • Camden Road and Camden Town
  • Euston and Euston Square
  • Finchley Road and Finchley Road & Frognal
  • Kenton and Northwick Park
  • New Cross and New Cross Gate
  • Seven Sisters and South Tottenham
  • Swiss Cottage and South Hampstead

The stations shown meet a set of criteria that has been used to help determine which should be included. This criteria includes stations less than a 700m or a 10 minute walk apart, where there is an easy, well-lit, signposted walking route and where making the change opens up additional travel options.

The results are, well, this:

In addition, interchanges between stations have traditionally appeared on the Tube map as two solid lines, irrespective of whether they are internal or external (which means customers need to leave the station and then re-enter for the station or stop they need). This approach has now been updated and shows a clear distinction between the two types, with external interchanges now being depicted by a dashed line, linking the two stations or stops.

And lo, it came to pass:

I have slightly mixed feelings about this, in all honesty. On the positive side: I think generally showing useful street-level interchanges as A Good Thing. I’ve thought for years that Camden Road/Camden Town in particular was one worth highlighting, as it opens up a huge number of north-east travel options (Finchley to Hackney, say), and apps like CityMapper tell you to use it already.


And yet, now they’ve actually done it, I’m suddenly not sure. That interchange is pretty useful if you’re an able bodied person who doesn’t mind navigating crowds or crossing roads – but the map gives you no indication that it’s a harder interchange than, say, Wanstead Park to Forest Gate.

The new map also doesn’t tell you how far you’re going to be walking at street level. I can see the argument that a 400m walk shouldn’t disqualify something as an interchange – you can end up walking that far inside certain stations (Green Park, Bank/Monument), and the map shows them as interchanges. But the new version makes no effort to distinguish between 100m walks (West Hampstead) and 700m ones (Northwick Park-Kenton), which it probably should.

I’m also slightly baffled by some of the specific choices. Is Finchley Road-Finchley Road & Frognal really a useful interchange, when there’s an easier and more direct version, one stop up the line? No hang on West Hampstead isn’t on the Metropolitan line isn’t it? So that’s what it’s about.

Okay, a better one: if you’re switching from District to Central lines in the City, you’re generally better off alighting at Cannon Street, rather than Monument, for Bank – honestly, it’s a 90 second walk to the new entrance on Walbrook. Yet that one isn’t there. What gives?

The complete new tube map. The full version is on TfL’s website, here.

On balance, showing more possible interchanges on the map is a positive change. But it doesn’t negate the need for a fundamental rethink of how the tube map looks and what it is for. And it’s not, I fear, enough to distract from the Crossrail problem.

Jonn Elledge is the editor of CityMetric. He is on Twitter as @jonnelledge and on Facebook as JonnElledgeWrites.