Monday 8 April 2024

Building pressure?

Rising rents, and what to expect in the future

The combination of high house prices and stagnating incomes over recent decades, coupled with the decline of social housing, mean that millions more of us are private renters. And they are renting for longer too. Private rents have risen swiftly in the wake of the pandemic. What happens next matters hugely for millions of families, and yet the drivers of private rental costs are poorly understood with a range of explanations being proposed for the post-pandemic surge.

To what extent has landlords selling up driven the recent rise in rental prices? Or are other factors – such as earnings growth or higher interest rates – more significant? What should we expect the future to hold for rents? And what does this mean for renters, landlords, and policymakers?

The Resolution Foundation is hosting an in-person and interactive webinar to debate and answer these questions. Following a presentation of the key highlights from new research on what is driving recent trends in private sector rent levels, we will hear from leading experts on the short and longer-term outlook.

Catch up on a recording of the event below.