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Tuesday, September 29, 2009

Property shortage - music to a landlords ears

Hurrah! Some good news for landlords!

A property shortage looks imminent, this will help bring about increased rental demand, rental values and property prices.

A new Discussion Paper launched today at the Labour Party conference published by the Town and Country Planning Association, predicts that the current low levels of house building will leave a shortfall in supply of 150,000 properties a year.

Their analysis reports to show that England could see a one million housing shortfall by the end of 2010.

Music to a landlords ears.

Read more in this Propertywire article

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