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Rents are rising as more people forgo homeownership and rent instead.
Nor will they be able to sell up and rent instead.
People still need a place to live, which pushes them to rent instead of buying.
It is a strong incentive for coaches to rent instead of buying.
So Paul's rent, instead of going up $300, went down about $130.
After putting in a $675,000 bid, they chose to rent instead and withdrew their offer.
As potential buyers opt to rent instead, prices on the rental market are set to rise, according to Mr. Maclean.
If the fee was obligatory, he said, it should be added to the rent instead of tacked on separately.
Will they take a rate rise as a signal to sell up, or try to raise the rent instead?
Some potential buyers, scared by the national slowdown in housing sales, decided to rent instead of buy.
How many children will be hurt by more of their family's budget going to rent instead of food?
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com