Rents flatline

After years of constant rent increases the Rentindex latest figures indicate that rents maybe flat lining.

Rents over the last 6 months and the last month are now down 0.5%.

Why the flat lining?

Could it be that rents are now being subject to the economic headwinds being felt in the wider economy with tenants unable to afford rental increases.  More importantly does the stagnation in rents reflect the recently introduced  housing benefit cuts.

After years of steadily increasing rents landlords maybe in for a period of stagnation as the winds of economic reality slow our recent progress.
 
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