tutor2u | Rents collapse as tenants leave towns and cities

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Rents collapse as tenants leave towns and cities

Graham Watson

20th September 2020

Lovely example here of markets in action, in the rental property market, as result of falling demand.

It is difficult to feel sorry for many second home owners who've largely been immune to the persistent difficulties of the post-2008 global financial crisis. House prices have continued to rise, and rents have remained high, so they've not done badly relative to many.

Graham Watson

Graham Watson has taught Economics for over twenty years. He contributes to Tutor2U, reads voraciously and is interested in all aspects of Teaching and Learning.

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