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21st Aug 2023 16:28U.K., Daily Monitor

  • Landlords don’t appear to be exiting the market en masse, despite the surge in mortgage rates since 2021.
  • Rapid pay growth has enabled the 7% of mortgage-holders refinancing per quarter to hike rents sufficiently.
  • But the supply of homes will likely only creep up, as potential landlords stay away due to falling house prices.

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Keywords for: 22 August 2023 UK Monitor

Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence