I was hoping you would say: yes, the Games brought additional pressure on the housing market and once they're over, there should be some relief, although i understand that new people are moving in every month, i also understand that new buildings are being built all the time.
Obviously the marketing strategy is to keep the supply always artificially shorter than the demand, so that prices will always be on the rise.
Sorry but, i don't understand your answer no 3. I thought landlords could increase rent annually anywhere between 0 and 10% max. So why are they afraid to rent : i don't get it.
Ayman,
I was hoping you would say: yes, the Games brought additional pressure on the housing market and once they're over, there should be some relief, although i understand that new people are moving in every month, i also understand that new buildings are being built all the time.
Obviously the marketing strategy is to keep the supply always artificially shorter than the demand, so that prices will always be on the rise.
Sorry but, i don't understand your answer no 3. I thought landlords could increase rent annually anywhere between 0 and 10% max. So why are they afraid to rent : i don't get it.
Regards,
Moudir