Dr. Robert Kelly:

I do not know the specifics of the Bill and what is planned there. More generally, we need to think above and beyond. Planning is one of the issues and might be the first stage but it also concerns locations and whether we can create scale and unlock productivity. It is not just about houses. We get caught up in talk about 30,000 or 40,000 houses. The location of those houses could require a train station to be built to transport people to centres of work. There needs to be a partnering of thinking between private capital in terms of the delivery of housing and public capital - infrastructure, childcare support and schools that are needed to create these communities. Bringing that together potentially has scale above and beyond what we think about in terms of just increasing the funding. That might not necessarily deliver that on its own.