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Social conscience


THE STRING of government initiatives under way aimed at increasing the supply of affordable housing for key public sector workers may provide some relief for house builders facing a slowdown in the private market. Unveiling results last week, Crest Nicholson chairman John Matthews pointed out that public bodies recognised a need for more reasonably priced housing.

Crest's housing association turnover rose by a third last year to £28.4 million and the firm reckons its sales to the sector will double by 2004.