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Local authorities lower housing targets

Thu 27th June 2013, 5:07 pm

Councils in England have reduced their housing target to roughly 170,000 a year, according to a group of property experts led by BNP Paribas Real Estate and Local Dialogue, a stakeholder engagement consultancy.

The findings of a report, Housing the Nation, contradicts the forecast of the Department of Communities and Local government, which targets 221,000 new homes per year, more than 51.000 homes above local authority estimates.

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