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Rents are falling Nationally with the biggest falls in London. This is due to sellers who can't sell putting their homes to rent. This dramatic increase in rental supply is outstripping rental demand leading to lower rents and more void periods.
Inflation and job loses is increasingly meaning people are staying at parents or friends rather than renting.
Prices are falling at the fastest rate ever so it is wise for people to hang back especially as prices typically fall for years.
brit1664 3 years ago