Monday, June 9, 2008

It also demolishes the myth of soaring rent levels,” Mr Potter added

'Strong demand' for homes to rent

"We are seeing corrections in individual locations throughout the country. The main cause of these is the developments of new blocks of two-bedroom flats coming on-stream," said Ian Potter, head of operations at Arla. "In many places this has had a positive effect as it has allowed the rental market to provide stability in housing at a time of volatility in the sales market. It also demolishes the myth of soaring rent levels," Mr Potter added.

Posted by stevie dee @ 02:05 PM (481 views)
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One thought on “It also demolishes the myth of soaring rent levels,” Mr Potter added

  • I wonder to what extent the supply of rented accommodation is boosted by another source that’s rarely mentioned – people who bought to renovate and sell, are finding they can’t sell, need funds, so try to rent out the property.

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