A joint PIPA and PICA survey of 1,877 investors in mid May found 72 per cent held confidence in the near-term outlook for the market, down 10 percentage points on September 2019. Around 80 per cent had not altered their buying intentions, while just 5 per cent were more likely to sell. About 36 per cent had lost income outside of rent, yet 91 per cent had not paused mortgage repayments.
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