House-Building Costs Rise In Britain
Received Friday, 8.50 p.m. LONDON, Oct. 1. A typical three-bedroom Council house cost £1242 to build in Britain a year ago. In the autumn of ' 1938 it would cost £518. Of this huge increase of £724 materials account for £388, and labour costs for another £280. Excluding timber, the materials required for this type of house increased in price up to last November by 95 per cent. Building vtages and other labour costs were up by 60 per cent." These facts are mentioned in the report of the Committee on the cost' of House Building established last year by Mr. Aneurin Bevan. It is also stated that the decline in pfoductivity by the building trade gave an iihpetus to the higher costs. 1 In 1947 there was an increase of 45 per cent. in the number of man-hours neeessary to build a house as against prewar. This put an extra £150 on the cost of each three-bedroomed house and was eqiuvalent in fact to a decline in output of roughly onethird.
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Chronicle (Levin), 2 October 1948, Page 5
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176House-Building Costs Rise In Britain Chronicle (Levin), 2 October 1948, Page 5
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