Building more affordable housing will help to boost the British economy, the TUC has stated.

According to the organisation, the construction sector has been particularly hard hit by the economic downturn over the last year.

However, it stated that the slowdown has not taken away the "desperate need"for affordable housing across the country.

This, it continued, means that the government's targets on building new homes are unlikely to be met without "decisive intervention".

The TUC commented: "Bringing forward major infrastructure projects is a sensible first step, but far more needs to be done."

Building new homes was said to be a good way of creating new jobs, thereby helping to boost the economy at a time of recession.

This comes after a study by Nationwide revealed that last month, the average price of a house in the UK fell to £158,872.


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