Is there a slowdown in demand for rental housing?
With the increasing expectation of interest rates falling in the last months of 2024, interest in houses for sale began to increase. We can also observe this in the demand for bank loans.
With the increasing expectation of interest rates falling in the last months of 2024, interest in houses for sale began to increase. We can also observe this in the demand for bank loans.
The trend towards houses for sale naturally added to the demand for houses for rent.
Last week I talked to a bank branch manager.
He said that there is an increase in both the demand for housing loans and the housing interest of foreigners from abroad.
So, how will these developments affect the rental housing market in the coming period?
In my opinion, both in the high inflation environment and the tightened macroeconomic outlook, people will noticeably prefer to stay in cash and live in rental housing for different reasons.
This includes furnished rental housing.
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