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Housing crisis deepens

July 9, 2008

The crisis in the housing market's leading to more big job cuts.

Building firms Bovis Homes and Redrow have axed around seven-hundred-and-fifty staff.

More than four-and-a-half thousand workers have lost their jobs in the industry in the past fortnight because of a slump in sales.

Brian Harris is from mortgages for Christians.

He says the market will return.