Well obviously as an average, some land lords will need or want to absorb some of it, some wont. But as I mentioned, the heavily leveraged or greedy ones in high demand areas will more than likely pass on more, as that’s what happened with the interest rate rises.
I think if it goes up even 25% of the amount its still going to make a hell of a lot of renters unhappy at a time that the government should be avoiding that.
It will push up rents, for sure, I just mean it won’t be a 1:1 increase (most likely).
Well obviously as an average, some land lords will need or want to absorb some of it, some wont. But as I mentioned, the heavily leveraged or greedy ones in high demand areas will more than likely pass on more, as that’s what happened with the interest rate rises.
I think if it goes up even 25% of the amount its still going to make a hell of a lot of renters unhappy at a time that the government should be avoiding that.