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Flint's housing market fears

The Government's private fears over the dire state of the UK property market have been laid bare.

Housing minister Caroline Flint warned the Cabinet "at best" prices are set to fall by 5%-10% this year. She also said housebuilding is stalling.

The bleak assessment emerged when Ms Flint exposed a sheet of typed notes to photographers as she entered Number 10 for the weekly Cabinet session.

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