Industry Terminology Definitions
(Public + Private Sector Regeneration Schemes - 🇬🇧 London Edition)

After spending far too much time looking into public sector regeneration schemes, council land deals and local government planning documents, a few patterns have become increasingly clear, and a lot of industry language starts sounding very different once translated into plain English…

· Viability
This won't work without tax payer taxes (public funds/grant money).

· Public-Private Partnership
The public provides the tax payer maintained land and risk. The private hosts a luncheon.

· Unlocking Underutilised Assets
Purposely devalue public tax payer maintained assets overtime to sell privately for mate’s rates later.

· Optimising Public Land
Uplifting private development to include public land for much higher density builds.

· Housing Delivery
Getting units built, irrespective of what is currently there, paid for by the tax payer.

· Regeneration
Big change, developers and government contractors win, existing community lose, and tax payers pay.

· Mixed Tenure
Tax payers who are at work most days to subsidise their non-taxpaying neighbours lifestyle.

· Build-to-Rent
Units designed for maximum yield, not living conditions.

· Discount Market Rent
Scam

· Co-Living/HMO
Accommodation for small boat populace.

· Student Housing
High-density, high-yield machine.

· Affordable Housing
Made possible by tax payers.

· Institutional Investment
Pension funds buying up the future housing.

· Land Assembly
Getting all the right people to bend over to make the deal work.

· Best Consideration (s123)
Prove the public didn’t get a bad deal on the public asset (upkept with their tax).

· Consultation
You can comment, but you can't influence.

· Stakeholder Engagement
We informed people… Trust me, bruh.

· Planning Balance
Useful idiot's time to shine.

· Public Benefit
We'll create a green community hub for drug addicts to chill in.

· Officer Report
The person who wrote it didn’t read it and the councillors are told the TL;DR and how to vote.

· Material Consideration
Something. Something. Legal. Something.

· Policy Compliant
Patch it with another policy. Or simply buy credits with tax payers money.

· Mitigation
The issue is acknowledged, move on.

· Housing Need
This bunch sign off emails using their pronouns.

· Brownfield Regeneration
Building on land already in used, double points (grants/approval/rushed though) if it's used by cars.