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Policy and action
The Central London residential development market is showing signs of caution while it braces for the Mayoral election and the EU referendum.
Policy intervention has led to a tipping of the scales in favour of owner-occupier buyers but this is creating uncertainty for some developers and has led to a slowdown in starts.
The overriding conclusion from this research is a concern that new supply will slow as a function of policy intervention rather than rise as it needs to meet demand.
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06 April 2016