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Building houses in Britain is like printing money right now

September 9, 2015

Via: itCurated
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House builder Barratt Developments put out its full-year results on Monday and they underline just how hot Britain’s property market is at the moment.

Revenue in the year to June 30 jumped 19.1% to £3.7 billion ($5.7 billion), while pre-tax profit shot up a crazy 44.8% to £565.5 million ($870.8 million). That’s a huge jump.