Those working for housing associations and councils should be able to do more to purchase land in which to build residential property during the current financial downturn.

So claims the Liberal Democrat party, where at is autumn conference, it was stated that councils and housing associations should be able to borrow against their assets to buy land and new homes which have laid vacant to use as social housing.

Vince Cable, economic spokesperson for the Liberal Democrats, stated: "With rising mortgage repayments and soaring food and fuel bills, many families are finding it impossible to make ends meet."

The political party also reported that those households struggling with mortgage repayments should be able to sell all or part of the equity built up within their home and then rent their property back from a housing association or a private company.

Such comments might be of interest to those people who are seeking jobs in housing.

Earlier this month, the National Housing Federation commended the government for plans to give larger grants to housing associations to help them carry on building homes during the credit crunch.

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