Where the gain comes from
Against current practice, on identical assumptions. The instrument is the smaller part of the answer.
Current practice17.36B
Price the land and compete the support-10.80B88%
Pillars one and two. Available under any settlement method.
Choose an entitlement rather than cash-1.40B12%
Pillar three. Requires a government determination.
Recommended design5.15B
The national appraisal, not the demonstration programme.
Unit: IQD
Show the data as a table
| Change | Effect on cost | Share of improvement |
|---|---|---|
| Current practice | 17.36B | – |
| Price the land and compete the support | -10.80B | 88% |
| Choose an entitlement rather than cash | -1.40B | 12% |
| Recommended design | 5.15B | – |
Pricing land and competing support delivers {land}% of the improvement; the settlement instrument delivers {instrument}%.
Model output
Price the land and compete the support
-10.80B
88% — Pillars one and two. Available under any settlement method.
Choose an entitlement rather than cash
-1.40B
12% — Pillar three. Requires a government determination.
Total improvement
-12.21B
For 595 affordably occupied homes on the same basis.
How to read this
The first change costs nothing to decide and needs no new instrument. The second is the part under audit, and it is worth less than the first.
Mechanism comparison