Is the new homes bonus working?

Overman, Henry G.ORCID logo (2011) Is the new homes bonus working? [Online resource]
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A little over a week ago, DCLG announced the first payments under the New Homes Bonus: "Under the first cash payments for the scheme, 326 local authorities will receive a share of £200m for increasing the effective housing stock by almost 150,000 in 2010-11". In contrast, "in 2009 there were just 118,000 completions, the lowest level of house building in peacetime since 1924".


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