Initiative aims to cut homebuilding costs by 40%

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  1. Although there are clearly some savings to be made; the figure of 40% reduction is totally unsupported; the report actually states a possible 15%.

    There is also a basic statistical error. Build costs are reported to be 40% higher in UK – So £100K Europe cost = £140K UK cost – however “40% less” than £140K is actually £84K.

    If it sounds too good to be true – it usually is !

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