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I’m puzzled. Why then do rents seem about 20% lower than last year? I just found a new flat in Bayswater, London which I could not have afforded a year ago. The
by d13 6y ago
I’m puzzled. Why then do rents seem about 20% lower than last year? I just found a new flat in Bayswater, London which I could not have afforded a year ago. There seems to be huge oversupply at the moment, just from what I’ve observed in the last 2 months of house hunting.
- j7ake 6y agoOne theory would be the apartments that used to be locked up in AirBnBs and short-term rentals have all moved into long-term rentals, driving up supply.