A business analyst at a prominent consultancy says landlords who resist the temptation to quit the sector are “in a position of real power.”
Sarah Coles of Hargreaves Lansdown says that although tenants are currently under “horrible pressure” because of rent rises, that situation is only going to intensify as a result of landlords quitting the sector, reducing supply with an inevitable effect on prices.
“Those landlords who are left, are in a position of real power, because the number of people looking to rent continues to rise” says Coles.
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