Depending on who you believe, rents are either being driven up by thousands of would-be buyers putting purchase plans on hold while they sit out the turbulence; or driven down by thousands of would-be vendors, unable or unwilling to sell homes in the current climate, and so flooding the rental market with properties. Hmm. Here's the latest chatter, courtesy of the Gumtree ads database... London rents soaring by 8% a year, the strongest demand in a decade.
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