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In the UK the average tenancy is about 20 months. This is possibly because English law gives much stronger protection to people in the first 6 or 12 months of t
by DanBC 8y ago
In the UK the average tenancy is about 20 months. This is possibly because English law gives much stronger protection to people in the first 6 or 12 months of the tenancy, or maybe because of the student market. Tenancies are getting a bit longer, and this is possibly because moving home can be one route from the legacy benefits onto Universal Credit (which is usually catestrophic for the claimant.)
- skdotdan 8y agoI see, probably the decision on investing in real estate should depend on the legislation of your country of living.
- tonyedgecombe 8y agoI suspect renting to tenants on benefits is a whole different world to renting to a middle class family.
- dd36 8y agoTenancy lengths are rising in US because rents are sky rocketing due to low inventory.
- mcguire 8y agohttps://fred.stlouisfed.org/series/RRVRUSQ156N https://fred.stlouisfed.org/series/RRVRUSQ156N https://fred.stlouisfed.org/series/ERENTUSQ176N https://fred.stlouisfed.org/series/ERENTUSQ176N https://fred.stlouisfed.org/series/CUURA422SEHA https://fred.stlouisfed.org/series/CUURA422SEHA (Look at what happens after the dot-com boom.) https://fred.stlouisfed.org/series/HOUST?utm_source=series_page&utm_medium=related_content&utm_term=related_resources&utm_campaign=categories https://fred.stlouisfed.org/series/HOUST?utm_source=series_p...
- dd36 8y agoYeah, so what has happened is institutional investors now dominate the SFR rental market. They ask for 5% rent increases every year and therefore have relatively high turn ratios. It makes it easier for mom and pop investors to hold long term tenants.