Renting property – Will the slow-down of the housing market have a knock-on effect for landlords and their tenants?
For years, homeowners have come to expect that their property value will increase. But headlines predicting a housing slump are backed by figures that show a sustained slow-down of activity in the housing market and a dip in the rate of growth for house prices too. Could this also have a knock-on effect for rental prices? And what is a ‘fair rent’ for the average property? Is the housing market really slowing down? While the long feared property market crash actually hasn’t happened (and may just be the paranoid reporting…