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lettings agencies typically have 10 rentals compared to over 16 before september 2021, and this drop has seen rents rise by 11%. i m joined now by richard donell, an executive director of property website zoopla. why has there been this change in the rental market? the why has there been this change in the rental market? why has there been this change in the rental market? the rental market itself, the total the rental market? the rental market itself, the total number the rental market? the rental market itself, the total number of the rental market? the rental market itself, the total number of homes - itself, the total number of homes has not grown since 2016. the economics of being a landlord is not changed, as the economy reopened after the pandemic, we saw a big increase injobs, the growth after the pandemic, we saw a big increase in jobs, the growth of the labour market, we have also seen the government loosen policies that enable students and overseas workers to ....
Critically in big cities, that s where the pressure is, that s where the jobs are. that s where a lot of the jobs are. that s where a lot of the students are. in east london rents are up 20%, over the last three years, the average rent is paying an extra £2000 per year. this makes life very difficult for young people who can t buy a property, because they can t get a foot on the ladder, they can t afford the deposit and the mortgage. but also they can t rent either, it s a double whammy. they can t rent either, it s a double whammy. there is a big s: ueeze double whammy. there is a big squeeze on double whammy. there is a big squeeze on renters, double whammy. there is a big squeeze on renters, housing i double whammy. there is a big l squeeze on renters, housing cost double whammy. there is a big - squeeze on renters, housing cost is a key part of our overall cost of living expenses. affordability levels are starting to get a little stretched, particular in the big cities and lo ....