Hi,
I’m just after some general information on how people think the property rental market will cope during a recession, and how landlords will react to it.
Would appreciate any supporting material.
In any recession there is increased demand for rented properties as people lose their homes or decide not to buy. Rents will increase. However, capital values will fall.
In any recession there is increased demand for rented properties as people lose their homes or decide not to buy. Rents will increase. However, capital values will fall.
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I remember last time
drop , and this time a drop , there is more than recession at play , there is quality , they did rise too high and demand will reduce .
References :
Check out http://www.npda.co.uk.
Its the national property developers association so I’m sure someone there will be able to advise you.
You can become a member (for free) and ask in the forum.
Hope this helps!!
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