The increasing squeeze on first time property buyers has been spelled out by a leading Manx estate agent.
Experts were asked to give presentations to the Junior Chamber of Commerce this week to talk about the state of the market in the Isle of Man.
Lisa Quayle of Quayle’s Estate Agents said things had been difficult enough for first-time buyers in recent years.
But she says the current economic downturn is making life even harder for those trying to get on the property ladder (play attached audio file):
(Image: Stock picture of a first time buyer home under construction).
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