Royal Institution of Chartered Surveyors says real wage freezes - TopicsExpress

Royal Institution of Chartered Surveyors says real wage freezes and uncertainty have put off potential property buyersThe continuing squeeze on workers pay packets and the prospect of higher interest rates have sapped the appetite of many homebuyers, according to the surveyors body RICS.Uncertainty in Scotland ahead of the independence referendum and a refusal among some buyers in London to pay sky-high prices also contributed to a third consecutive month of falling demand, said RICS. Continue reading...

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