HBF executive chairman Stewart Baseley told delegates at the Housing Market Intelligence conference that government needed to do more to assist the industry in the current climate by restoring liquidity to the mortgage market, further interest rate cuts and government action to facilitate the sale of homes from the industry to the public sector. <br><br>He also said that all parties needed to reassess how housing policy objectives were delivered in the future, as the traditional model that relied on rising land and property values could not be expected to deliver all that was on the regulatory wish list. “Tough decisions will have to be taken if the government wants to achieve its social objectives and see significant volume increase once the economy settles,” he said. “The days when the growing cost of meeting the government’s social objectives could be paid for out of rising land values are gone. <br><br>Tough choices lie ahead.” He said that issues had to be tackled now if housebuilding rates were to meet the UK’s needs in the future. “If we don’t take account of this now, as we negotiate particularly the parameters of the community infrastructure levy and zero carbon objectives, then when we emerge …