Tuesday, Sep 01, 2009
Reluctant landlords fall
MONEYFACTS: Reluctant landlords fall
The number of reluctant landlords appears to be falling as confidence in the property market continues to show signs of a meaningful upturn. Reluctant landlords have flooded the market but the Association of Residential Letting Agents (ARLA) has reported that 80 per cent of its members’ offices have seen property rented out rather than sold.
Posted by rob @ 01:49 PM (573 views) Add Comment
2 Comments
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1. paul said...
Hang on. They can't have it both ways.
Either the number of rental properties is increasing so rents are coming down, or the number of rental properties is decreasing meaning housing supply is going up so property sale prices are going to take a dip.
Give me back the 40 seconds I've just spent reading and dismissing the article as rubbish, please!
2. andrew said...
Exactly they can't report it both ways.
Just goes to show that most of these articles are VI ramping, nothing more.
Getting the feeling that the short lived recovery is about to take another downward dip, all the effort put in to try and re-engineer another mini-boom will have been a wasted effort, not forgetting to mention the wasted money of course.