May 30, 2024

Rising Rental Pressure in Britain Due to Insufficient Housing Supply

Rising Rental Pressure in Britain Due to Insufficient Housing Supply

Britain’s rental housing supply is failing to meet the demands of its growing population, leading to increased rental prices, as reported by Capital Economics. The net migration in 2022 reached record highs, and with approximately 80% of newcomers initially opting for rental accommodations, the sector is experiencing substantial strain.