000			01178cam a2200229 4500
001			ABS66526
008			030331n2003 000 0 eng u
035			_a(Sirsi) u121800
100			_aLeftly, M.
245			_aTension mounts
260			_c2003
490			_aBuilding _v 21 March 2003, 55-56(2)
520			_aExamines what the housebuilding industry is doing to protect itself against a possible downturn in the economy. Reflects that the sector is vulnerable to any recession after the events of the early 1990s when it was the sector hardest hit. Describes how some businesses such as Taylor Woodrow are selling houses well ahead of their completion date for a greater guarantee of future turnover and profit. Housebuilders are also looking to reduce debt which would maintain strong cash flow as housing inflation falls to about 5%. Argues that the industry has learned the lessons of the 1990s and is now better able to survive the probable downturn.
590			_aABS
650			_aHOUSE BUILDERS
650			_aHOUSE PRICES
650			_aECONOMIC DOWNTURN
650			_aTAYLOR WOODROW
650			_aCASH FLOW
690			_aHOUSING-DEVELOPMENT
942			_n0
999			_c72385 _d72385