“Demand in the Glasgow rental market remains strong. This is not surprising considering the factors that are impacting upon supply and demand. On supply side, affordable housing providers have built insufficient numbers for decades, the percentage of housing in the private sector has stayed static for over a decade and the past 12 months of government legislation has discouraged new landlords. On demand side, increasing interest rates have discouraged new buyers from starting their home ownership journey and universities need foreign students to augment their incomes. In short, the elements of demand outstripping supply have been compounded by government policy, driving up rents further.”
I am a Tenant Landlord