2 ms·
Property bubbles notwithstanding, the underlying dynamics of supply and demand tend to inflate rental prices a lot more than interest rates, unless the interest
by fennecfoxen 12y ago
Property bubbles notwithstanding, the underlying dynamics of supply and demand tend to inflate rental prices a lot more than interest rates, unless the interest rates are so crazy they're affecting the price of money itself.
and in the UK, there is "[...] a long-standing mismatch between supply and demand. Since 2004 Britain’s working-age population has risen by nearly 4m, the number of homes by just 1.8m."
http://www.economist.com/news/leaders/21602699-housing-market-huge-problem-britain-blame-government-not-banks-very http://www.economist.com/news/leaders/21602699-housing-marke...