INCREASING concerns about job security are impacting on the property market, with people opting to spend less and delay buying, a survey shows.
The realestate.com.au Consumer Insights Buy report, which measures the perceptions of property buyers, showed 55 per cent of Australians have a high degree of concern about their job security.
Of the 2665 people surveyed, 38 per cent said they would spend less on buying property, while 32 per cent said they would delay their purchase.
ยป Job security impacting on home market – News Limited, 24th May 2009.