In a recent housing review, carried out by back bench councillors in to affordable housing in Birmingham, I asked a simple question has anyone in The Housing Department thought about approaching pension funds, (who are in to long term investment), about the possible investment in to Birmingham's Housing needs.
One very successful scheme in Birmingham, just before the second world war was done by The First National Housing Trust, that build the whole of the Perry Beeches Estate, some three thousand homes, which they rented and eventually began to sell on to sitting tenants as those tenants began to become more wealthy, with improved incomes and children having started work etc.
The social model worked then, so why shouldn't it work now, or at least that was my argument.
Now I find that my old adversary John Lines is claiming the credit for thinking up this scheme. The (Moderated:- illegitimate son).
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