« Last post by cs on October 14, 2017 »
The cost to rent dropped drastically in the early 00's
Pre-slump and pre-purchase we rented a 1 bed apartment a couple of times for £295 a week, that was the going price for a property of that size and standard, the apartment in question it was always fully booked and discounts for longer rentals were small. By 2007 the same apartment could be rented for £170 a week and to expect things to stay at that level is unrealistic.
Prices may have gone up but so to has the price of water, electricity and cleaning services etc etc