Abstract
Important aspects of housing activity are financed by the public purse (including grants to housing associations, Housing Benefit for public and private tenants, and mortgage payments for owners receiving income support, for example). The intention of this chapter is to provide an understanding of the broader context in which decisions about the level of expenditure on housing (and other public services) are made. It will:
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examine the UK’s system of controlling public spending;
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assess the system’s strengths and weaknesses;
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explain the way local government spending is organised.
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© 1999 Kenneth Gibb, Moira Munro and Madhu Satsangi
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Gibb, K., Munro, M., Satsangi, M. (1999). Public Expenditure. In: Housing Finance in the UK. Palgrave, London. https://doi.org/10.1007/978-1-349-14117-3_3
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DOI: https://doi.org/10.1007/978-1-349-14117-3_3
Publisher Name: Palgrave, London
Print ISBN: 978-0-333-66436-0
Online ISBN: 978-1-349-14117-3
eBook Packages: Palgrave Economics & Finance CollectionEconomics and Finance (R0)