UK Real Estate View - BTR Rent Projections 2020-24
The report projects a rebound and recovery in UK BTR rental growth post-COVID-19, with growth expected to outpace CPI inflation over a 5-year horizon.
(Generated with the help of GPT-4)
Quick Facts | |
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Report location: | source |
Language: | English |
Publisher: | Legal & General Investment Management |
Publication date: | November 12, 2020 |
Authors: | Michael Adefuye |
Time horizon: | 2024 |
Geographic focus: | United Kingdom, London |
Page count: | 6 |
Methods
The research method involved analyzing rental indices from ONS, Countrywide, and Homelet, and considering LGIM's āUā shaped economic recovery scenario. Historical rental market resilience post-economic downturns was also examined.
(Generated with the help of GPT-4)
Key Insights
The report analyzes the UK Build to Rent (BTR) sector's rental growth projections from 2020 to 2024, considering the impact of the COVID-19 pandemic. It suggests that while the pandemic will cause a short-term shock to rental growth, the sector will experience a rebound and steady recovery over the next five years. The report bases its projections on a āUā shaped economic recovery scenario, predicting a severe fall in global GDP in 2020 followed by a partial recovery in 2021. Key takeaways include a base case projection of 1.8% per annum rental growth in London and 1.7% in the rest of the UK, outpacing CPI inflation projections. The report also discusses the resilience of the rental sector in past economic downturns, the potential impact of COVID-19 on rental supply and demand, and the structural changes that may influence the sector's future.
(Generated with the help of GPT-4)
Additional Viewpoints
Categories: 2020 publication year | 2020s time horizon | 2024 time horizon | English publication language | London geographic scope | btr rental growth | covid-19 impact | cpi inflation | economic recovery | homeownership barriers | housing supply | real estate | rental affordability | rental demand | rental market resilience | united kingdom geographic scope | urban living appeal