Wow theres quite a few of us in Brighton & Hove.
When I take a wander along Church Road during lunchtimes I'm amazed at the seemingly neverending rate at which new Letting/Estate Agents spring up and then wither away. I often have a quick glance to see whats available through their windows and every few weeks that goes by the rent seems to creeping up and a couple of thousand gets added to asking prices.
With regard to rent, I find it strange that prices are creeping up in windows, adverts and property freebie papers (Latest Homes), yet friends which are renting (Kemp Town, Seven Dials and Seafield Road - Hove) are making rent cut demands from there landlords and they are getting them.
On a side note: A co-worker has recently had his 1 bed flat in Worthing valued (bought at 97k now worth 140k - mewtastic!) and got told by the Estate agent 'all the developers from Brighton are now snapping up all the Worthing property' and that 'in 5 years time there will be little FTB property available in Brighton, Shoreham, Worthing as it will all be BTL'.