RENTAL DEMAND

As the economy pulls away, and it is, pressure is coming on rental properties, no matter whether in the larger cities or rural towns. Additionally it is worth thinking for a moment about the fact that many rentals over recent years, have been family homes that owners who have had to move in search of work but haven’t been able to sell…so have rented out meantime.

As the lift continues it is likely those homes will be added to the sales market….that adds to buyer options but decreases tenant choices.

Maybe that’s why the canny investors who sold out of the rental market in 2006 -7 are now back buying!



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