Housing package welcomed but wider action needed

Sept. 2, 2008
Industry largely welcomed the government’s measures announced today (September 2) to support the housing market, but urged for more to be done. Stewart Baseley, executive chairman of the Home Builders Federation (HBF), commented that the Federation’s calls for a stamp duty holiday had been answered. However, more measures were needed to aid the tightened mortgage market: “This remains a critical …

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