The Housing Corporation commissioned the Cambridge Centre for Housing and Planning Research (CCHPR) at the University of Cambridge to explore the impact of the credit crunch and housing market turbulence on Low Cost Home Ownership (LCHO).

The research explored what the impacts of the credit crunch and market changes have been on the supply of, the demand for, and the affordability of LCHO. How risk has changed for both purchasers of LCHO and for housing associations (HAs) as providers was also considered.