In another thread in the property investment forum the following observations were made:
Now I can see why investors in residential property might not welcome lower rents I agree with the posters above who think that society in general should welcome lower rents.
What do other AAMers think?
.....cheaper rents would be great news for all the renters out there. We cheer cheaper TVs, flights and cars. Why not cheaper accommodation too?
... Like many of the other items that form the basket of goods used by the CSO to estimate inflation the Government, Unions, and society in general, should welcome lower rents as they would cheer lower fuel and food costs........
Now I can see why investors in residential property might not welcome lower rents I agree with the posters above who think that society in general should welcome lower rents.
What do other AAMers think?