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Evening Standard
Evening Standard
Business
Jonathan Seal

London housebuilding may be on the floor but the recovery is already underway

Housebuilding statistics published in January made for sobering reading for anyone invested in the future of London, with an 84% decline in housing starts over the last decade seeming to confirm our worst fears that London’s development engine has stalled.

Undoubtedly these are challenging conditions for developers, but I would argue that there are reasons for optimism. London, like all great cities, will bounce back.

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