Here’s a quick quiz: how much are rents going up by in
England?
A) 7.5% B) 1.4% C) 4.6% D) 1% E) They’re not rising, they’re falling
It’s a tough one, but if you answered any of A, B, C, D
or E then congratulations! You can make a case for being right. All five are
estimates of the increasing cost of renting that have been published in the
last month. But there’s a problem, surely: they can’t all be right. So why the
wide disparity between the different results? Part of the answer simply lies in
which data the measures are based on. The first three measures are all made by
private property companies based on their own business data. All are thus based
on different datasets and the differences between their results likely
accounted for by differences in the geographic distribution or market focus of
their clients. Read more on the Shelter website.
No comments:
Post a Comment