The Isle of Man's property market remains stagnant, according to a director of local estate agent Black Grace Cowley.
Nick Cooper was speaking after figures showed the United Kingdom could be a nation of renters within a generation.
UK property values are expected to start rising later this year, but 64 per cent of people surveyed felt they had no chance of ever owning their own property.
Mr Cooper says it will be some time before prices recover in the Isle of Man:
Business owners calling for 'wider conversation' around VAT threshold
Fly-Fit says reaching the £90K taxable turnover means they have to increase customer prices
Ballafesson Hall closure a 'shock' to volunteer group
Club 'in limbo' after earlier than planned sale
More people seeking sexual health advice early thanks to awareness campaigns
Public Health positive about post-TT uptick
'24 hours? Doddle!': Sponsored silence for cancer research
Liz Hignett takes on third fundraising effort in memory of husband
