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DarkHorseWaits-NoMore

Bbc: Rent Rises Slower Than Inflation, Says Lsl

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http://www.bbc.co.uk/news/business-27938500

Average rent was up by £8 in the last year, to £745 a month in May.

...

Despite rent rises being below inflation, they have been more in line with average wage rises.

The most recent figures show that average wages grew by 0.7% in the three months to the end of April, according to the Office for National Statistics (ONS).

As you all know now, Rent is coupled to wages, House Prices are coupled to credit and loose lending. I wonder if many Landlords have figured this out when estimating investment yields.

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This and the rencent news on home sizes goes someway to proving that now allowing people to build new homes, does not increase prices. It does increase overcrowding and makes the average home smaller.

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http://www.bbc.co.uk/news/business-27938500

Average rent was up by £8 in the last year, to £745 a month in May.

...

Despite rent rises being below inflation, they have been more in line with average wage rises.

The most recent figures show that average wages grew by 0.7% in the three months to the end of April, according to the Office for National Statistics (ONS).

As you all know now, Rent is coupled to wages, House Prices are coupled to credit and loose lending. I wonder if many Landlords have figured this out when estimating investment yields.

I doubt it. Anyway they are more interested in the long term HPI!

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Interesting!

In 2004 when I flew the nest I rented a 1 bedroom purpose built flat for £395/month. 10 years on I'm renting a 2 bedroom flat of a similar style for £510/month. Having used the inflation calculator I appear to paying about the same.

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http://www.bbc.co.uk/news/business-27938500

Average rent was up by £8 in the last year, to £745 a month in May.

...

Despite rent rises being below inflation, they have been more in line with average wage rises.

The most recent figures show that average wages grew by 0.7% in the three months to the end of April, according to the Office for National Statistics (ONS).

As you all know now, Rent is coupled to wages, House Prices are coupled to credit and loose lending. I wonder if many Landlords have figured this out when estimating investment yields.

..also link to housing benefit..... :rolleyes:

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..also link to housing benefit..... :rolleyes:

Yes, good point. I thought it was missing something but couldn't remember that massive public subsidy rent prop :blink:.

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As you all know now, Rent is coupled to wages, House Prices are coupled to credit and loose lending. I wonder if many Landlords have figured this out when estimating investment yields.

...and available welfare benefit provision... ;)

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