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Recommendations to OFT for improvements in the housing industry, to benefit residents and increase competitiveness between developers.
In June of 2007 the Office of Fair Trading launched a study looking at the extent to which consumers have power to drive competition, the level of consumer protection and redress and the overall extent of competition in the industry.
Consumer preferences in the housing market contain many contradictions. Home buyers make decisions based on a series of trade-offs rather than a clear list of neatly prioritised criteria. Good design plays a role in meeting the widest possible range of customer preferences. Consumers are forced to make trade-offs because of their lack of choice - they would chose good urban design quality if it was available.
Our recommendations are as follows:
Published on 19 November 2007
Tagged with:
Policy
Click the link below to download this publication:
CABE's response to the Office of Fair Trading's study into the UK housebuilding industry (PDF, 56.85 kb)