Rental properties on the rise in the capital

Finding a rental property has become more difficult recently due to low supply and high demand, which has driven up rental prices. The rental market recovery started at the beginning of the epidemic. City dwellers moved to the suburbs, increasing wealth and driving up prices. In addition, many people living in the same house have moved to a single person’s house for better isolation. With rental properties on the rise in the capital, exacerbated by border closures barring migrant workers and international students, many landlords have sold their rental properties. The pandemic has hampered new development infrastructure, which has led to construction delays and shortages due to supply chain issues.

Author: Mr.Oz

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