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Mission possible: 300,000 houses every year

For the first time in many years all the house-building stars are aligned

By Kit Malthouse   March 2019

The impact of the 2008 financial crash on the housing market was profound. Within just a few months, the entire structure of delicately intertwined financing that underpinned the homes in which we live unravelled and near collapse ensued. In the aftershock, the number of new homes in production plummeted, as half of smaller builders went to the wall, and the big players retreated, licking their near-fatal wounds. All of this was fuel to the flame of a problem that has dogged this country for decades: we simply haven’t built enough houses.

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