Originally Posted by Blut2
This time last year there were approx 750 apartments on the market. Now its closing in on 2200.
A near 300% increase in available number of apartments year on year. And on top of that the available number of apartments has been going up by over 10% a month, for months consistently now, with no sign of stopping...
I'd say "through the roof" is underselling it if anything.
2200 is not a lot of supply. Thats not through the roof.
And as someone who spent 3 weeks trying to get one and found the vast majority were actually short term lets, when eventually i could contact someone, im not buying that there are 2200 available to rent long term. How many of those are short term only? Because they arent much use. Not to me anyway.
Dont get me wrong. I would love if the supply went up, but its no good if you cant rent them long term.