Rent cuts do not boost demand
Rent cuts do not boost demand
- 2000
- Housing Today 18(5) 25 May 2000, 2(1) .
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.
CIH
HOUSING ESTATES
RENT REDUCTION
RELOCATION
TENANT SATISFACTION
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.
CIH
HOUSING ESTATES
RENT REDUCTION
RELOCATION
TENANT SATISFACTION