Britain's rental crisis: Extra 1.8 million rental homes are needed by 2025 but buy-to-let landlords are in retreat

Almost two million more households will need a property to rent within the next decade, new figures suggest, as they are squeezed out of buying by high house prices.
But a warning has been sounded that this could trigger a further crisis in the property market, as landlords are retreating after being hit with new taxes. 
The Royal Institution of Chartered Surveyors said the rise would occur as a result of home ownership becoming 'increasingly unaffordable', but warned that supply of rental homes is falling and that the situation will only worsen as demand increases.
It said that the number... read more

4 October 2016 in Business, Views: 38
Source: Daily Mail

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