RE: House Prices to fall, but rents to rise in 2024...?
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If you understand the house market well you will notice the trend patten of house rent is different from house buying.
Demand on house rent is high uk compare to buying of house. The cause is high inflow of immigrant to UK. The immigrants don't have fund to buy house so the pressure of demand will be on rent.
The only thing that can correct that is to reduce immigrant or equal price of rent to price of buying house. The option looks crazy
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Immigration sure doesn't help the rental market.