Editor's note: This brief was summarised by The Property AI Team from a report by Letting Agent Today. Read the original article for full details.
Social Renting Stock Declines as Private Sector Expected to Fill Gap
Letting Agent Today reports that social renting stock has fallen, with less than a third of social homes sold being replaced by new properties. The article states that the private sector is set to take up the slack.
This development may be relevant for UK letting agents and inventory clerks as changes in the balance between social and private rental housing could impact demand and supply in the private rented sector.
Source: Letting Agent Today