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Is reducing the rent a good idea
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SouthCoast wrote: »Supply and demand.
A shortage of rental property is a myth in the four postcodes that I track on RightMove.
Number listed:
April 08 136 52 154 26 = 368
June 08 160 50 208 36 = 454
Aug 08 177 80 271 58 = 586
Sept08 222 98 337 64 = 721
Oct 08 230 103 324 58 = 715
Dec 08 245 153 378 106 = 882
Jan 09 248 143 401 94 = 886
Mch 09 253 132 446 102 = 933
Apl 09 280 123 468 94 = 965
Did anyone suggest there was a shortage? I thought we were all aware that there is a glut of rental properties on the market right now due to people deciding not to sell at low prices/can't sell so deciding to rent them out. Lot's of "accidental" landlords about - especially here in Poole!0
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