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EMC Low Cost CPD Network for Planners “Money Makes the World Go Round” 16 October 2012 Construction & the Economy Quarterly GDP Change Percentage 8 6 4 2 0 Total GDP Construction -2 -4 -6 -8 Q4 2008 to Q2 2012 Housing Delivery in the EM Housing Supply in the East Midlands 2000-1 to 2011-12 25,000 15,000 10,000 5,000 Total Housing Starts Total Housing Completions All Affordable Housing Total Net Additions 20 11 -1 2 20 10 -1 1 20 09 -1 0 20 08 -9 20 07 -8 20 06 -7 20 05 -6 20 04 -5 20 03 -4 20 02 -3 20 01 -2 0 20 00 -1 Dwellings 20,000 Government Response Planning Reform (help or hindrance?) National Infrastructure Plan Incentives (NHB, Business Rate Retention) Investment Guarantees ‘Get Britain Building’ Section 106 re-negotiation House extensions! Will it be enough? Money makes the world go round… How can we make stalled development happen? What does ‘viability’ really mean? If developers will not pay for infrastructure, who will? Are we planners or accountants?