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Surveyors call on UK government to take radical action to stimulate growth

11 August 2016

The Residential Property Surveyors Association (RPSA) is calling on the government to consider some radical measures to stimulate all aspects of the residential property market.The Association has welcomed the government’s decision to lower corporation tax in a bid to boost the economy, but believes that more needs to be done to address the UK housing market’s needs, including the construction of significantly more much needed new homes.Alan Milstein, chairman of RPSA, said: “The announcement that corporation tax will be lowered over time to stimulate the economy is welcome news, but it is not nearly enough to address the problems that we have in the housing market.“We would encourage the government to carefully look at the property market as forming the engine for economic growth over the coming months and years as the uncertainty of Brexit looms over the UK.”Source

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