A new article by economist robin Mills has urged the UK government to fund increased public sector housing costs and has advocated the use of quantitative loans rather than relying on mortgage loans . Mills claims that the need for new housing is paramount in a market where supply and demand are " badly out of balance " ; the rate of private sector housing construction has recently recorded falls of 50 % , compared with 80 % in the public sector .
A new article by economist John Mills has urged the UK government to fund increased public sector housing construction and has advocated the use of quantitative easing rather than reliance on bank loans. Mills claims that the need for new housing is paramount in a market where supply and demand are "badly out of balance"; the rate of private sector housing construction activity recently recorded falls of 50%, compared with 80% in the public sector.