Critics of the government plans to kick-start property recovery include the Federation of Master Builders, the National Federation of Builders, the Intermediary Mortgage Lenders Association, the Council of Mortgage Lenders, and Capital Economics.
However, share prices in house builders rose markedly on the announcement, including those of Taylor Wimpey, Persimmon, Bovis and Mapeley.
Not quite what was intended, I suspect.
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