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The demanding budgets and procedures of housebuilding are also a factor, as declarations of radicalism tend to be expensive.
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So, for example, the housebuilder's craft is a power whose exercise is the process of housebuilding.
There should be "an aggressive programme of housebuilding", he says.
At the end of 2006, Buttonwood heard Bill Miller, Legg Mason's star fund manager, recount his top bets for 2007, which included a lot of housebuilding companies.
The UK has the lowest level of housebuilding in peacetime since the 1920s, while home ownership is at its lowest level for 30 years.
The dearth of housebuilding, he said, was not about planning permission.
The report said much would depend on the rate of housebuilding.
Balls said: "Osborne is still failing to address the fundamental problem of the lowest level of housebuilding since the 1920s.
There is much disagreement about the causes of the shortage of housebuilding, which in turn fuels high house prices.
But there was a pick-up in the number of housebuilding projects started in the second quarter, helping to allay fears that June's EU referendum result had hit confidence and activity in the housebuilding sector.
After the financial crisis and credit crunch, the rate of housebuilding plummeted to lows not seen since the 1920s.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com