Rent cuts do not boost demand
Series: Housing Today ; 18(5) 25 May 2000, 2(1)Publication details: 2000Subject(s): Summary: A government report shows that reducing rents on run-down estates does not increase demand and attract new tenants. Instead the results suggest that prospective tenants could be persuaded by a larger property in good condition in a 'worse' area. The Chartered Institute of Housing says the report highlights the importance of improving run-down estates.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | WB3621-15 (Browse shelf(Opens below)) | 1 | Available | 106209-1001 |
A government report shows that reducing rents on run-down estates does not increase demand and attract new tenants. Instead the results suggest that prospective tenants could be persuaded by a larger property in good condition in a 'worse' area. The Chartered Institute of Housing says the report highlights the importance of improving run-down estates.