Abstract

Does the decentralisation of housing provision by government necessarily lead to a less standardised and more diverse approach to design and planning? Can targeted financial programmes effectively trigger the forces of the free market to deliver more innovative and varied solutions to housing? Michael Bell, Professor of Architecture at Columbia University in New York, reviews the impact of the introduction of tax credits and other initiatives, brought in to encourage public/private partnerships and the involvement of speculative developers in the 1980s and 1990s, on the quality of public housing in the US. In doing so, he puts out a call to architects to acquaint and engage themselves with the complexities of the financial markets.

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