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An extra £442k to build a 2 bed London flat. Don't know how good their modelling is.

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Well, its certainly not a surprise. Ive mentioned a couple of times on here.

If we continue as we are the cost of building a house will exceed its market value in more areas than it already does. Nobody is going to build houses at a loss.

Meanwhile government just keeps adding costs. You reap what you sow.

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