Who govens the house rental prices ?
Some the rents prices on here you need a mortgage just to rent that’s after the cred check prices and deposits don’t help when all I want is a better house than the one we rent thur agents ![]()
Supply and demand governs all market forces If there are plenty of rentals prices come down due to competition. Not enough rentals then prices go up. It is the same with any commodity
Government policy is driving landlords out of the market, they are leaving in droves,selling their rental property and investing or simply enjoying spending their hard earned money elsewhere.
With no incentive for people to become Landlords, available rental property is continuing to be in short supply, which in turn is pushing the cost of available property up.
Groups like Shelter and Generation rent ,aided by an inept government are bringing about a situation that will only keep getting worse.
With the forthcoming abolition of section 21 the aforementioned groups and government have actually triggered an increase in section 21,the exodus of many private Landlords and further shortages of available property.
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