Rents rising and BTL booming

[OwlHoot]

[insert AtW comment here]

sob

[Lockhouse]

Next year Oi will mostly be buoy-to-letting. <returns to garden shed>.

[SimonMac]

I've been looking at the rental market with half an eye as in about a years time I am going to be looking at a decision as to either sell or let out my house when it becomes vacant.

[AtW]

So in 2008 or 3 years ago at lowest point of rents they were £650 and now they are pushing £680 (like it happened before so they are just returning to previous levels), but even taking these 2 numbers we can see £30 inflation over 3 years of £10 per year on 650 base or 1.5% per annum. Big deal - my car refuel gone up by far more than that every time I refuel (luckily only once a month due to close proximity of work).

See, nothing scary but whoever created that chart sure made the usual effort of misprepresenting data by not using chart with 0 base - in a very few rare cases when it is justified that person should keep their jobs, in all others - fired.

[DimPrawn]

[insert AtW comment here]