Comment | Exactly this.
I mean, there are definitely other measures that would help right now, like regulating short term lets. Right now a huge chunk of housing stock that could be used for rental is used for Airbnb, leaving what stock is left to be artificially inflated in price (as more renters compete for fewer homes).
But you're essentially right. People renting in these new builds are people not renting in existing stock, so easing the pressure on prices and rents. |
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