Well, who woulda thunk it, those geniuses in government have created a shortage of rental supply and pushed rents to 9.2% growth in a year when inflation is 1.7%. This from an article in the financial times today. Also reported 700,000 permanent migrants last year so who knows where they are all supposed to live. Must be a lot of sharing and subdividing of properties going on.
2 Likes
Actually, that figure is net migration (the number of people immigrating minus the number emigrating). IOW, more than that came here for long-term purposes in 2023.
On top of this we had half a million students … some of whom will end up staying here.
Makes the 70,000 asylum claims look like a drop in the ocean… unless you read the Daily Mail 
1 Like
This alarmist reporting is irritating - do we ever see landlords mortgages have gone up 100% or landlords of HMO’s have x% increase to pay on utilities bills? Main stream media is responsible for so much misinformation.
Well to be fair, the figures are accurate, and I don’t think anyone who has sold 4 properties recently and still has a nice large one to shift is going to draw anyone’s sympathy when compared with those who can’t afford to get a single foot on the housing ladder.
1 Like
This topic was automatically closed 90 days after the last reply. New replies are no longer allowed.