Renters are doing it tough at the moment, but there are some simple ways to save a bit of cash.
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With the year 2022 behind us, it’s time to look ahead to the 2023 rental market. The rise of remote work and continued uncertainty around the pandemic are expected to continue influence tenant preferences, while the ongoing supply shortage of rental properties is sure to drive prices higher in certain markets.
PropTrack’s Cameron Kusher dives into the trends we’re seeing for the coming year.
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The cost of renting has been rapidly increasing, pushing many tenants towards home ownership. The trend of high rental costs, combined with low interest rates, has made home buying a more appealing option for many. As a result, the number of first-time home buyers has increased and is expected to continue to rise.
The shift from renting to owning a home is also being driven by the desire for stability and long-term security, as well as the ability to build equity and create wealth. However, it’s important for potential home buyers to consider their financial capabilities, take advantage of government incentives, and research the market before making a purchase.
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Australians looking to rent a home at the moment will find few properties and lots of competition. So what can be done to relieve some of the pressure?
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Rents are going up and available options are scarce, but why are there so few suitable options for Aussie renters? What is the social cost of the rental squeeze?
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Should I self manage or use a letting agency/agent to manage my investment property? this is a question many landlords & property investors ask. Progressive Lets co founder Wayne Beecham breaks everything you need to about using a letting agent to manage your properties, the pro’s & the con’s.
#LettingAgent #Landlord #SelfManage
👇👇👇 FREE DOWNLOAD How YOU Can Make A FORTUNE From Buy-To-Let👇👇👇
http://bit.ly/BTLReport-YT
FREE! Landlord Compliance Checklist
https://www.progressivelets.co.uk/l/b2-landlords-checklist/b2-download-link/?utm_source=ActiveCampaign&utm_medium=email&utm_content=Your+Compliance+Checklist&utm_campaign=Email+%231+%7C+Bait+%231+%7C+Our+7+Step+HMO+Strategy
Contact Wayne & Progressive Lets:
Progressive Lets Office Number 01733 293900
More info https://www.progressivelets.co.uk/landlords/
Timecodes
0:00 Should You Self Manage or Use a Letting Agency
1:16 What Letting Agents do?
2:17 Con’s of Self Managing Your Property
2:58 The Pro’s of a Letting Agency
4:12 How Much Does a Letting Agency Cost?
6:42 FREE DOWNLOADS!
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