CCT trends, 2002-2010 Spike in CCT activity, 2006 – stimulated by Housing Corporation investment policy Follows on from earlier waves of HA sector restructuring: –Mid 1970s –Early 1990s –Late 1990s (Mullins, 2000; Mullins & Craig, 2005) Continuing fall in new agglomeration transactions possibly due to finance famine 2010 upturn in group consolidations reflects renewed pressures for efficiency gains Pattern also bears out stylised cyclical process [previous slide]
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