Landlords are having a tough time of it lately, rent prices not continuing to rise above their current astronomical levels, potential work from home mandates being introduced. The whole thing is very unfortunate and I’m sure we all have massive sympathy for them.
PersimmonSundae on
And yet my landlord has just tried to force us to accept a £250 increase!!
jangrol on
Demand per property has fallen to about a third of what it was a few years ago, so it’s been trending this way for a while. Hopefully it’s a sign that the frankly insane levels of tenant competition per listing are a thing of the past and we’ll see more reasonable rent inflation moving forward.
Prestigious_Spot9635 on
Makes sense. Build to rent is coming in much supply. But most overlooked is Lots of flat owners that can’t sell at loss just turn their home into rentals. So lots of supply.
Regarding flat owners turning from residential to BTL – I do think this bunch is in over their heads because at this rate flat prices could decline for decades
JackStrawWitchita on
Tell this to the huge numbers of people in temporary accommodation who are turned down for property after property…
felixdifelicis on
There’s a limit to how much blood these leeches can suck out of us. Thanks to wage stagnation, spiralling electricity/petrol/food/council tax bills ect. they can’t increase rents anymore, it would just exceed average earnings.
AwareInstruction7809 on
The most radicalising experience of my life was going from private renting to council renting.
Russeldust on
Thats news to me, my rent has just gone up by 50 quid
8 commenti
Landlords are having a tough time of it lately, rent prices not continuing to rise above their current astronomical levels, potential work from home mandates being introduced. The whole thing is very unfortunate and I’m sure we all have massive sympathy for them.
And yet my landlord has just tried to force us to accept a £250 increase!!
Demand per property has fallen to about a third of what it was a few years ago, so it’s been trending this way for a while. Hopefully it’s a sign that the frankly insane levels of tenant competition per listing are a thing of the past and we’ll see more reasonable rent inflation moving forward.
Makes sense. Build to rent is coming in much supply. But most overlooked is Lots of flat owners that can’t sell at loss just turn their home into rentals. So lots of supply.
Regarding flat owners turning from residential to BTL – I do think this bunch is in over their heads because at this rate flat prices could decline for decades
Tell this to the huge numbers of people in temporary accommodation who are turned down for property after property…
There’s a limit to how much blood these leeches can suck out of us. Thanks to wage stagnation, spiralling electricity/petrol/food/council tax bills ect. they can’t increase rents anymore, it would just exceed average earnings.
The most radicalising experience of my life was going from private renting to council renting.
Thats news to me, my rent has just gone up by 50 quid