CRYPTONAIRE
WEEKLY CRYPTO investment journal
UK HOUSING CRISIS AFFECTING LANDLORDS – HOW PROPERTY INFO FILE CAN HELP?
The existing property market in the UK has turned into a highly risky business. In fact, one can easily say that the UK housing crisis is severely affecting landlords, tenants contractors and everyone in the property industry. The UK’s housing crisis has been highlighted by COVID-19. Many of the long standing industry issues we discuss in this article have been thrusted to the forefront of people’s minds. Noteably it has been especially difficult for the homeless and those with young children living in overcrowded homes without outdoor space. Private renters who have lost their jobs face the prospect of eviction and increasing numbers of homeless people are unable to find support despite initial announcements that they would be housed in hotels. Coronavirus may have accentuated these issues, but the housing system has looked broken for years. Its dysfunction can be superficially measured via massive housing waiting lists, high rents and homes so expensive that new generations can’t buy. Other signs include homelessness and sofa surfing, rising evictions, overcrowding, and young people staying with parents for longer.
Cryptonaire Weekly | September 15th 2020
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