the importance of cost and value

09-01-2013

This short exploratory piece by Bill Truin, looks as why it is we are still in a bit of a muddle when it comes to sorting out the difference between "costs" and "value". Needless to say an important (if not business critical) distinction in the world of social housing.

Using illustrations from the aborted West Coast Rail franchise exercise, to the recent concerns of the Homes and Communities Agency (HCA) on the excessive use of Retail Prices Index (RPI) based finance, this timely article reminds us all where out focus ought to be.