Now cheaper to rent than buy survey suggests
- Management 365
- Jun 14, 2021
- 1 min read
Headlines like this always prick my ears. Reading the data I would suggest that a rise in rental costs is more delayed than mortgage costs simply because rent is fixed in the short term, unlike the base rate or property values. In such turbulent times this would warp such a survey.
It also ignores rises in property value when considering investing your money.
Hopefully good news for landlords though, and this will lead to a growth in prospective tenants and rent.
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