London lettings demand is strong but so is supply
Language: English Series: Property Forecast ; 11(7) July 2008, 6-7(2)Publication details: 2008Subject(s): Summary: Describes the outlook for the London lettings market in the current financial downturn. Explains that strong demand is currently coupled with strong supply; as the property base grows thanks to 'unwilling' landlords who are renting their properties as a result of being unable to sell their properties at a suitable price. Suggests that now might be a good time for cash-rich investors to make multiple purchases, as house builders are under pressure to sell properties to clear balance sheets.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | L144728 (Browse shelf(Opens below)) | 1 | Available | 144728-1001 |
Describes the outlook for the London lettings market in the current financial downturn. Explains that strong demand is currently coupled with strong supply; as the property base grows thanks to 'unwilling' landlords who are renting their properties as a result of being unable to sell their properties at a suitable price. Suggests that now might be a good time for cash-rich investors to make multiple purchases, as house builders are under pressure to sell properties to clear balance sheets.