Pensions from council staff could fund 300,000 homes a year

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Published by 24publishing for 24dash.com in Housing and also in Development, Finance, Local Government

A commission set up by the Royal Institute of British Architects (RIBA) has concluded that six million new homes could be built across Britain in the next 20 years - and that they could be funded with the pension savings of more than four million council staff. The commission's report says that £10bn in council pension funds can be utilised to drive the huge building project. It concluded that the country needs to see a three-fold increase in the number of houses being bui...

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