Residential Rents: a Forecast
Rents have been largely stagnant for some years. This is due to several factors
(a) People emigrating to Australia, or elsewhere, leaving empty flats or houses behind.
(b) The huge number of dog-box multi-storey apartment blocks that were built which flooded the market.
(c) The large number of ‘wannabe’ investors who have been concentrating on the cheap rental end of the market and, as a consequence, have over-supplied that cheap rental market to a large extent.
Let me tell you, this is all going to change shortly.
...............作者: bbb111 时间: 2013-7-29 00:04:05