Buy-to-Let Property Demand Down
60% Says London Estate Agent As Chinese Buyers Dry Up
Buy-to-Let property demand
falls in London as Chinese buyers stay away.
Rental market is hot
again, says leading agent.
Is the market starting
to slow down, particularly for flats?
Stock markets remain
near highest ever level, as a new report finds that households will remain
worse off than they were before the pandemic until 2023.
UK's independent
forecaster, Charlie Bean, an Office for Budget Responsibility (OBR) committee
member, told MPs that incomes would not return to 2019 levels for another two
years.
He said the main
reason was "a very low rate of productivity growth".
The pandemic
effectively froze large parts of the economy, with many businesses shut
entirely, the BBC reports.
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