Demand slumps for luxury rentals
Series: Estates Gazette ; (0140) 6 October 2001, 46(1)Publication details: 2001Subject(s): Summary: The London Residential Benchmark (LRB) report indicates a drop in demand for luxury rented homes, and predicts a fall in rents as a result of the US slowdown and terrorist attacks. The worst affected areas are those which rely on US tenants such as South Kensington and St Johns Wood where supply outstrips demand by three to one. Graph.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| News article | London News article | WB3738-12 (Browse shelf(Opens below)) | 1 | Available | 115055-1001 |
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The London Residential Benchmark (LRB) report indicates a drop in demand for luxury rented homes, and predicts a fall in rents as a result of the US slowdown and terrorist attacks. The worst affected areas are those which rely on US tenants such as South Kensington and St Johns Wood where supply outstrips demand by three to one. Graph.