Guardian: Blue sky thinking to revitalise affordable homes market

Ministers are looking at detailed plans for a multibillion-pound infrastructure fund to kickstart the stricken housing market. Against the worst conditions for housebuilding for more than 30 years, senior Whitehall officials are drawing up a groundbreaking scheme [massive money pit] that would see the public sector inject equity [i.e. taxpayers' money] into social housing developments in an attempt to "lever in" [great, more leverage] insurance and pension funds investment. A decision on whether to proceed with the new fund is expected to come next month. The scheme would in all likelihood be administered by the newly formed Homes and Communities Agency [another quango with gold-plated pensions for its do-nothing employees]. [IT'S ALL about land values! What a bunch of muppets.]