According to the latest Royal Institute of Chartered Surveyors Market survey “The impact of government spending cuts and continued concerns over access to finance saw sentiment in the construction industry turn increasingly negative during the third quarter of 2010”.
Importantly for the residential market, one of the worst areas affected was public housing where the government announced a 50% cut in spending on affordable homes.
READ ON to find out more about what's hapening in the construction and property industry.
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The worst is still happening. We can only hope that soon things will get better. By the way, if you think it's time to have your own place, why not try this great option of Rent to Buy Homes in Nottingham. It's the best option you have these days. Good luck in everything!
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