https://www.cityam.com/london-rental-drought-eases-with-stock-up-by-a-third-year-on-year/
What does it feel like for people in the market?
by SilurianWenlock
https://www.cityam.com/london-rental-drought-eases-with-stock-up-by-a-third-year-on-year/
What does it feel like for people in the market?
by SilurianWenlock
2 comments
I’ve been looking lately and while prices remain high, loads of listing are on reduced prices, so the article does confirm my experience
I think that headline is misleading.
More rental listings doesn’t mean the volume of rental properties has changed. It could be rents have been rising rapidly, existing tenants won’t agree to the new rates, so choose / are forced to look for another property and their current one appears back in the market for new tenants.
For the rental stock to increase we’d need a substantial effort to build a lot more homes / flats, which numerous politicians say is important, and then fail to do much about it.