La hausse des loyers au Royaume-Uni : un défi économique quotidien

Paragraph 1: Rising Rents Expected to Continue in the UK

Rents in the UK are expected to continue rising sharply despite the cost-of-living crisis, according to a report by the Royal Institution of Chartered Surveyors (RICS). The survey found that property professionals' expectations for rental prices to increase in the next few months are at their highest levels since records began in 1999. This trend is putting further pressure on renters, who are already spending nearly four times as much of their income on housing compared to homeowners. The rising demand for rental properties is not being met with an increase in supply, leading to bidding wars among tenants.

Paragraph 2: Imbalance between Demand and Supply in the Rental Market

The survey revealed that one in three private renters is already spending at least half of their income on rent, and renters spend 34% of their incomes on housing compared to 9% for mortgage-holders. The lack of interest from landlords in the rental sector has not translated into more properties being available for rent. In fact, landlord instructions have declined, exacerbating the shortage of rental properties. The imbalance between demand and supply in the rental market has also affected the housing sales market. Property professionals reported a decline in new buyer inquiries and agreed sales during July. This represents the weakest reading for the sales measure since the early stages of the pandemic. The lack of supply in the housing market is likely to continue as well, as new instructions to sell homes also fell in July.

Paragraph 3: Challenges for Renters and Prospective Homebuyers

The trend of rising rents and falling sales is indicative of the challenges facing both renters and prospective homebuyers. The cost-of-living crisis, economic uncertainty, rising interest rates, and a tougher credit environment are all contributing factors. The survey by RICS highlights the need for more homes to be built, including social housing, to address the housing crisis in the UK. Mortgage lenders have been cutting rates recently, but this has not alleviated the pressure on tenants. Higher mortgage rates have compounded the issues for renters, making it difficult for them to save for a deposit and enter the housing market. As a result, many non-homeowners, even those earning high incomes, have given up on the idea of buying a home in the next 10 years.

Today's concept is The Daily Lightning

The concept of "The Daily Lightning" refers to the rapid and unpredictable changes that occur in the economy on a daily basis. Economic conditions, such as rising rents and falling sales, can fluctuate greatly due to various factors such as supply and demand imbalances, changes in government policies, and shifts in consumer behavior. The concept emphasizes the need for individuals and businesses to stay informed and adapt quickly to these changes in order to make informed decisions and mitigate risks. By understanding "The Daily Lightning," economists and policymakers can better analyze and respond to economic challenges and trends, ultimately contributing to a more stable and resilient economy.