Industry inflation

HIPs would have reduced the properties for sale by some 25 per cent, again fuelling inflation within the industry. Between the two items, house prices to first-time buyers could have risen by more than 25 per cent in a 15 month period.

The government needed to speak to the man on the street and working estate agents. I have had 35 years experience in estate agency, and not to the directors of corporate estate agents who are just puppets wanting to go along with government policies instead of trying to protect the first-time buyer and, as a consequence, all others in the property chain.

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