But as well as the flurry of statistics that you would expect from a top economist, Bootle records the growing pressures on your customers: pensions turning out to be worthless, big debt burdens and diminishing hope of a hefty wage rise at the end of the year. That may not stop people from buying homes, but at the very least, it will make them more careful about how they spend their money. The industry should read Bootle's words carefully.
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