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Housebuilding offers a way to boost GDP

Eliminating the structural budget deficit in the UK is going to take more than a prolonged period of austerity. Most people agree on this, and attempts to balance the books will take something more like a decent boost to economic growth. Of course, everyone has their own ideas about how to stimulate growth, but none of the suggestions offer sure-fire solutions - and without exception they involve spending more money just when spending is under pressure.

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By Jonas Crosland,
08 February 2013

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