Malta’s Labour Shortage and Productivity Problem Starts with Property
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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At KPMG's property conference, developers, economists and planning experts offered contrasting views on population growth, outdated planning policies and whether Malta's dependence on property investment is sustainable.
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