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Debate House Prices
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Rents Up Again
Comments
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Rents only go up! To infinity and beyond!
I've been a renter.
I now rent out.
Certainly my experince is that nominal rents only increase.
Perhaps you can point in time when rents didn't increase.
I'd be interested to see historically what drops there have been:wall:
What we've got here is....... failure to communicate.
Some men you just can't reach.
:wall:0 -
Take a look at the headline. Rents are up again in England and Wales.
Errr, no they are not. The report show that rents went down in Wales and in some other parts of England.
All this report is showing is that the rental market is following a very similar path to the housing market in general. i.e London and the South East is on it's own and skewing the figures. I would also imagine that London has a very large rental market so skews the figures further still.0 -
The BTL and boomer slumlords just cant stop twisting the knife can they?
Soon they will kill the golden goose and be left picking over the bitter drumstick.
I will laugh!0 -
That's 2% compounded = 26.8%
0.2% compounded is 2.4%
Yes I know I was rushing out to work (hence missing the decimal point) when I posted that, unfortunatley I had no time to correct it. I realised as I set off for the train. It's 2.43% actually, which puts it between 2.4 and 2.5% (which was the original point of the dispute).
But thanks for avoiding any unnecessary sarcasm (as indeed I did in my original response, although it would have course been misplaced, given my error).Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop0 -
ruggedtoast wrote: »The BTL and boomer slumlords just cant stop twisting the knife can they?
Soon they will kill the golden goose and be left picking over the bitter drumstick.
I will laugh!
It's hardly 'twisting the knife' quoting a rate of rent increase below the level of inflation.Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop0
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