Minister Warns Over Housing ; Britain Today: Property

The JournalOctober 13, 2010

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Summary


BRITAIN needs a period of house price stability if a generation of potential home-buyers are not to be priced out of the market, a Government minister has warned.

After decades in which bricks and mortar have been seen as a financial investment - and treated by many buyers as a way of funding their pension - housing minister Grant Shapps said it was time to regard homes primarily as "a place to live and bring up a family".

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Minister Warns Over Housing ; Britain Today: Property

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