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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Tuesday, September 29, 2009
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