Editor's note: This brief was summarised by The Property AI Team from a report by Landlord Today. Read the original article for full details.
Think Tank Claims Landlord Sell-Off Is a Myth as PRS Grows
A think tank has challenged the widely reported narrative of a landlord exodus, claiming the private rental sector is growing rather than shrinking.
The Joseph Rowntree Federation (JRF) says its analysis of government data puts the private rented sector in England at its largest in decades.
What the report says
According to the report covered by Landlord Today, the JRF claims the raft of studies published by agents and professional bodies pointing to landlords selling up are wrong.
Instead, the think tank's analysis of government data suggests the sector is expanding.
What this means for agents and clerks
For letting agents and inventory clerks, the findings challenge assumptions about shrinking rental stock that have featured in much industry commentary. The full JRF analysis is available via the original report.
Source: Landlord Today