Wednesday, June 15, 2011

How high can rents go?

How high can rents go?

Rents are booming, but how high can they go, and are they close to their peak?

Posted by the planet @ 10:53 AM (1277 views)
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4 thoughts on “How high can rents go?

  • Krustyatemyhamster says:

    If rents are going up then it must mean that the average void period is going up as well, given that wage growth is much less than RPI/CPI.

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  • Well, indeed, who knows anything about rents on Planet Property. Fortunately though the trend doesn’t look like being replicated on Planet Earth, well not the bit where I live anyway, so we can all sleep soundly after all.

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  • “Research by the National Landlords Association has found 52% of landlords have reported rent arrears in the past 12 months. Their survey of nearly 600 landlords found the average late paying tenant owed £730 in late rental payments.”

    There have got to be quite a few worried BTLs out there, especially when interests rates do eventually rise.

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  • Just like fuel prices, if it goes up too high, people will simply stop using it. Have you seen the increase in cycling recently?

    Renters have alternatives too, camp on the floor with a mate, stay with parents, move to a cheaper country. Market forces at work.

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