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Building for the future: housing-related sectors and the welsh economy

  • Max Munday
  • David Pickernell
  • Annette Roberts

Since the establishment of the Welsh Assembly Government there has been more emphasis on indigenous enterprises in relation to economic development policy. However, the housing-related sector has received little attention. This paper 1 presents the results of research that has investigated this sector and its significance to the local economy. Whilst acknowledging the considerable data-related difficulties in this exercise, analysis of housing and housing-related functions (including construction, finance, legal services, management of housing stock) showed that the sector accounted for around 4.5% of Welsh employment, and had considerable potential for assisting in the future development of the regional economy. 1 The authors acknowledge support from the Council of Mortgage Lenders in this research.

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Article provided by Taylor and Francis Journals in its journal Local Economy.

Volume (Year): 19 (2004)
Issue (Month): 3 (August)
Pages: 212-225

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Handle: RePEc:taf:loceco:v:19:y:2004:i:3:p:212-225
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  1. Black, Jane & de Meza, David & Jeffreys, David, 1996. "House Price, the Supply of Collateral and the Enterprise Economy," Economic Journal, Royal Economic Society, vol. 106(434), pages 60-75, January.
  2. Davide Nicolini & Richard Holti & Mark Smalley, 2001. "Integrating project activities: the theory and practice of managing the supply chain through clusters," Construction Management and Economics, Taylor & Francis Journals, vol. 19(1), pages 37-47, January.
  3. Duncan MacLennan & Alison More, 2001. "Changing Social Housing In Great Britain: A Comparative Perspective," International Journal of Housing Policy, Taylor & Francis Journals, vol. 1(1), pages 105-134.
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