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Europe: Economic uncertainty changes property professionals’ attitudes

Posted on 16 March 2012

Economic instability is clearly affecting the choice and mood of European real estate professionals, according to the latest RICS and Macdonald & Company European Property Market Remuneration survey.
Though only 22% of respondents expect an increase in economic activity over the next 12 months, the majority is satisfied with their current employer and salary. The survey shows that although there were no more pay cuts than last year (8%), only 31% of professionals interviewed received a salary increase in 2011, which on average was 8.4% down from 11.1% the previous year………………………………………..Full Article: Source


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