Snapshot of Rents rising at fastest rate since records began – Price increase is being fuelled by a chronic shortage in available properties. Article by Charlotte Gifford.
>Private rental prices increased by 3.8pc in the 12 months to October 2022, representing the largest annual percentage change since records began in January 2016, according to the Office for National Statistics rent inflation index.
>Soaring rental prices have been fuelled by a chronic shortage in available properties.
modest nominal increase, falling in real terms, despite the tight market. i have heard anecdotes of bigger increases tho, so i suspect they will continue to rise.
2 comments
Snapshot of Rents rising at fastest rate since records began – Price increase is being fuelled by a chronic shortage in available properties. Article by Charlotte Gifford.
A non-Paywall version can be found here: https://12ft.io/proxy?q=https%3A%2F%2Fwww.telegraph.co.uk%2Fproperty%2Frenting%2Frents-rising-fastest-rate-since-records-began%2F
>Private rental prices increased by 3.8pc in the 12 months to October 2022, representing the largest annual percentage change since records began in January 2016, according to the Office for National Statistics rent inflation index.
>Soaring rental prices have been fuelled by a chronic shortage in available properties.
modest nominal increase, falling in real terms, despite the tight market. i have heard anecdotes of bigger increases tho, so i suspect they will continue to rise.