Thursday, September 25, 2008

Another pillar falls!

Falling rents hit London homes

Falling rents will depress yields and further discourage any investors who may have been drawn in by higher relative returns as property values dropped. Lucian Cook, a director of research at Savills, says: “It will be very hard for investors to pin the tail on the donkey while rents are falling.”

Posted by cheekie charlie @ 10:29 PM (508 views)
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