Another year another record

March 1, 2002
The remarkable strength of consumer demand and the housing market cannot last, John Stewart warnsTotal housing completions in Great Britain fell to a provisional 161,953 in 2001, their lowest for 54 years and comfortably beating the previous record set in 2000. If the war years and their immediate aftermath are excluded (1940-47), completions were the lowest since 1924 (Figure 1).This …

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