Understanding the housing aspirations of young adults in Malta
Ask a young person in Malta where they would like to be in ten years’ time, and the answer is likely to be the same: living in a home of their own. Ask how they plan to get there, however, and the picture becomes more complicated.
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Malta does not have a labour shortage problem. It has a capital allocation problem that translates into a productivity problem and eventually becomes a labour shortage.
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New KPMG research challenges the perception that Malta's property market has become progressively less affordable. But improvements in the national figures conceal a growing divide between those who already own property and those attempting to enter the market.
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