slump in new public housing threatens chancellors targets /

Published at 2015-12-11 21:05:26

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National Housing Federation blames cuts in rents and the impact of the government’s three-year funding cycle
A sharp decline in new domestic building by housing associations and local authorities this year could wreck the government’s plans to build 1m new homes by 2020.
Housebuilding by the public sector slumped in October,according to official figures, adding to a series of month-on-month falls going back to the election that undermine minister’s claims of a revolution in house building.
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Source: theguardian.com