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U.K: Housing market ‘to remain subdued’

Posted on 27 January 2012

A “generational divide” in the property market is likely to cause further subdued sales this year, with young people unable to buy and older home owners unwilling to sell, a study has found.One in 10 Britons would consider moving home or trying to get on the housing ladder in the next six months, the HSBC Moving Home Survey said.

The study found that older people in households which planned to stay put were more likely to be content with their current property, whereas younger people were finding themselves unable to move because of concerns relating to the weak economy……………………………………….Full Article: Source


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