this post was submitted on 04 Jul 2023
19 points (95.2% liked)

London

1040 readers
73 users here now

"who’d a thunk it"

For discussion about London including the surrounding Greater London area. Discuss all things from news, travel, culture, and general life around the capital and largest city of England!

Rules and other welcoming info can be found here.

founded 1 year ago
MODERATORS
 

"New research from the London School of Economics (LSE) and property firm Savills shows why that search has become even more difficult since Covid, with a 41% reduction in the number of homes available for private rent."

you are viewing a single comment's thread
view the rest of the comments
[–] ilidur 3 points 1 year ago* (last edited 1 year ago)

The period is interesting

The research showed the number of one, two and three bedroom properties available for rent across London was down around 36% since when comparing listings from January to March 2023 with the average across the same period from 2017 to 2019.

So within the span of 4ish years we lost our rental stock?

Or was there a bit of an investment into rental stock that peaked around 2019 and then the Stamp Duty freeze helped level that by returning the stock into private hands?