Building for the Future: Housing-Related Sectors and the Welsh Economy

Max Munday, David Pickernell and Annette Roberts

Local Economy, 2004, vol. 19, issue 3, 212-225

Abstract: Since the establishment of the Welsh Assembly Government there has been more emphasis on indigenous enterprises in relation to economic development policy. However, the housing-related sector has received little attention. This paper1 presents the results of research that has investigated this sector and its significance to the local economy. Whilst acknowledging the considerable data-related difficulties in this exercise, analysis of housing and housing-related functions (including construction, finance, legal services, management of housing stock) showed that the sector accounted for around 4.5% of Welsh employment, and had considerable potential for assisting in the future development of the regional economy.

Keywords: Housing; financial services; economic development; Welsh economy (search for similar items in EconPapers)
Date: 2004
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Persistent link: https://EconPapers.repec.org/RePEc:sae:loceco:v:19:y:2004:i:3:p:212-225

DOI: 10.1080/02690940410001692386

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