<p>The traditional housebuilding model will survive the downturn according to industry experts speaking at the HBF policy conference. “It will be a very different world [post recession]and will be about a housebuilder’s interaction with its lenders,” said John Callcutt, chairman of the Callcutt review. “The sector is damaged but low gearing and sensible lending will allow companies to continue. “The housebuilding model is not dead.” “Land prices will adjust to make homes available for affordable housing or rent,” said David Pretty, cochairman of the Killian Pretty review. “The sector will adapt and evolve to a lower borrowing level. “If we decided upon a brand new model, it would be very destructive,” he added. John Stewart, HBF’s director of economic affairs, stated that the housebuilding model’s flexibility would keep it intact. But he said that the affordable housing model was “broken,” explaining that section 106 which developed in the housing boom, was now suffering. Industry needs to use information HCA seeks to boost private rented sector.</p> <p>John Callcutt: “The housebuilding model is not dead.”</p>