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The business model of housebuilders is simple.
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It's not really in the business model for housebuilders to become long-term owners," he says.
"A number of housebuilders are looking closely at how they can take advantage of local campaigns.
The governor's warning hit the share prices of housebuilders and other property companies.
Even if the share values of housebuilders recover to previous levels, the appetite for new development is unlikely to.
About 95% of housebuilders surveyed this year thought that the "modest" industry target to build 200,000 new homes a year by 2016 was unachievable.
17 February – Tesco appoints John Allan, chairman of housebuilder Barratt, as new chair.
But he will remain chairman of housebuilder Barratt Developments and Worldpay, a card processor.
Mark Clare, the outgoing chief executive of housebuilder Barratt Developments, has cashed in £11.8m worth of shares ahead of his departure.
The founder and chairman of housebuilder Berkeley Group took a paycut last year but still received a remuneration package of £21.5m.
"Oh yes," says Roscrow, now the publishing director of Housebuilder magazine, "the 'Chunnel'.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com