UK cities are seeing the highest rent increases in a decade as the return-to-office trend picks up pace. The average UK rent rose by 11.5% last year, with inner London leading the charge with an increase of more than 17%, according to property portal Zoopla.
An uplift in the cost of renting is often a consequence of falling property prices, as potential homebuyers get scared off. But when rents are going up by this much, the reverse can happen as the market starts to attract investors hunting for higher investment yields.
Publisher: Washington Post
Date: 2023-02-24T05:20:55.000Z
Twitter: @WashingtonPost
Reference: (Read more) Visit Source
Couple 'Stepped Over' Collapsed Delivery Driver to Ask About Missing Food
Publisher: Insider
Date: 2023-02-25T11:53:09Z
Author: Isobel van Hagen
Reference: (Read more) Visit Source
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