It has been used nearly as many times as the 'no silver bullet' analogy (we've also had gold and bronze) at this year's Chartered Institute of Housing conference, but the sector's leading figures continue to press home that "subsidised housing requires some form of subsidy." Hard to disagree with - you'd think - as sub-market housing, by definition, is built at a loss. The two obvious levers at the Government's disposal is capital grant to build housing let at cheaper rents or supporting peopl...