Rightmove records highest ever rental price inflation as ‘boomerang tenants’ return to city centres
"Cities have not only bounced back but are now seeing strong rental growth," says Rightmove, with some urban centres seeing double-digit price inflation as tenant demand jumps.
Charted: European rental Vs house price inflation since 2007
House price growth in the EU has been lumpy since the global financial crisis, while rental prices have climbed at a fairly consistent rate over the last 13 years...
London leads national drop in rental price inflation
Rental price growth in London has tumbled as Covid-19 drives supply up and demand down, reports Zoopla. The portal expects rental growth outside the capital to halve to +1% by the end of this year.
Tenants return to city centres as London affordability hits a ten-year high
Demand for city centre rental properties is rising, reports Zoopla, with London rents having bottomed out in February.
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'There have been surges of interest from Americans in the past but in 20 years of doing this job, I can’t recall quite so many buying as now'.
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