Rental Prices to Rise 12% in Next 5 Years
I think this is an understatement - when the PRS (private rental sector) shrinks and supply weakens but demand is higher than ever and growing... The only way is up.
Another factor is the renters rights reform changes will mean costs get passed down to renters. So a shrinking PRS and a never ending demand from renters means average rents will be pushed up.
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Paul Rose
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Rental Prices to Rise 12% in Next 5 Years
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