Only 12% of British people plan to buy or sell a property in first six months of 2012 with young people in particular saying they cannot afford to, research unveiled today (Friday 27 January) shows.
It is leading to a generational divide in the UK property market that is likely to cause housing stagnation in 2012, with young people unable to buy and older home owners unwilling to sell, according to a new survey by HSBC. [click to continue…]
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