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Old 5th August 2009, 22:37   #1
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Default Housing starts will not recover for five years warns Taylor Wimpey

The boss of Taylor Wimpey has warned that it could be five years before housebuilding returns to prerecession levels after the company was forced to write down the value of its land bank in the UK by £445m despite increasing optimism about the state of the market.

More...Housing starts will not recover for five years warns Taylor Wimpey
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