UK faces critical shortage of homes to rent, says Rics

UK faces critical shortage of homes to rent, says Rics
 

The UK is facing a "critical rental shortage" which requires a building programme to focus on providing for tenants, a surveyors' body has said.
At least 1.8 million more households will be looking to rent rather than buy a home by 2025, the Royal Institution of Chartered Surveyors (Rics) claims.
It has called on the government to offer tax breaks to encourage building and investment in the sector.
The Conservative Party has indicated its focus remains on home ownership.
Stamp duty change The number of UK households renting property rose from 2.3 million in 2001 to 5.4 million in... read more

 
4 October 2016 in Regional, Views: 35
Source: BBC
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