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r1racer2000
06-03-2008, 05:23 AM
UK housebuilders face hard times (http://business-times.asiaone.com/mnt/html/btpre/registration/redirect.jsp?dlink=/sub/suite/story/0,4574,270257,00.html?)



(LONDON) Britain's housebuilders are building fewer homes in the face of tighter mortgage lending and an uncertain price outlook, but slashing volumes and costs may not be enough to lure back investors to the battered sector.