Nah, the houses will be bought by investment firms. Rent prices ain’t going anywhere.
weeps
Comment on Landlords quitting “in droves” since Renters’ Rights Act
undu@discuss.tchncs.de 1 week ago
This mean that house prices will fall since fewer buyers will be interested. The question is whether the houses will be gobbled up by private equity or will be allowed to fall down enough for more people to start buying houses to live in
djdarren@piefed.social 1 week ago
Khanzarate@lemmy.world 1 week ago
Only if those firms smell a profit, which apparently means selling them, rather than renting them.
Unused property makes no money.
I see hope, but likely the government will need to continue to support this.
Nighed@feddit.uk 1 week ago
There was a short term burst of 1/2 bed houses on the market. It’s mostly worked through now.
Source: I want to move house.