Rental market becoming challenging
March 24th, 2010 by Len
Properties in the rental market are becoming harder to come by everyday. This means that tenants are now being faced with higher rental values and these impact houses for sale and the economy as a whole. Higher rental value means that first time buyers will struggle to buy properties. This also means that low paid work will not even be worth taking for a lot of people. The economy as a whole will become affected by this.
Either landlord’s are not finding the rental market to be as lucrative as it once used to be or they are not longer investing into further properties.
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