Sad news from the credit crunch: pioneering housing developer, Living Villages, was put into administration last week. It’s main backer decided not to invest any further capital, having already put £1.15m into it. Living Villages have been developing eco-homes using all the technologies that are talked about, but not often actually used - and doing it in a way that made sense practically and aesthetically. Their houses are super insulated, have solar panels for water heating and electricity, are plumbed to recycle water, and so on. Good stuff, so it’s a shame that the current economic climate has stopped them in their tracks. Maybe someone will buy out the business from the administrators, but given the market conditions, it will have to be an eco-investor with deep pockets.
2 Comments
Its a pity they were still employing contractors like myself when they knew that they would not have the funds to pay us….
That’s certainly not a good thing