ABSTRACT

This chapter discusses the delivery of non-market housing and other merit and public goods through market-led urban regeneration projects in Western Europe. It sketches the assumptions supporting the delivery of public policy goals through market-orientated schemes. It uses cases in the UK, France and the Netherlands to examine how different types of uncertainties and risks were apportioned between public and private sector partners in those projects, and how this explains the outcomes of the projects, especially in light of the recent economic downturn. A concluding section highlights the issues surrounding the delivery of non-market housing through market mechanisms and the prospects for the future.