Rental Properties in Demand but Cost of Renting Is Falling ; Economy

Summary


Demand for rented properties remains at a record high as the credit crunch prevents people from buying their own home, a new survey has found.

But despite strong demand, rental income from houses and flats is falling as large numbers of new developments come onto the market.

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Extract


Rental Properties in Demand but Cost of Renting Is Falling ; Economy

A report by the Association of Residential Letting Agents (ARLA) found the proportion of ...

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