Supplement 14 Apr 24 - An Alternative Perspective on the Rental Market

Propenomix with Adam Lawrence

This week's Supplement focuses in the Deep Dive section on a report from the Resolution Foundation about rents and their thoughts over the next few years. I challenge a few of the assumptions that they don't seem to have the economic stomach to challenge, although overall I am an admirer of their work and they are simply analysing with respect to their agenda (the protection of low-to-middle income working families, which is a noble cause and a cause that is good for the economy overall).

The macro gets into the GDP growth figures with a happy revision upwards for January being contained within February's report - the spoiler is "Stronger for Longer" is very much on the table, with stubborn US inflation also making international bond markets more nervy. Plenty of detail on the RICS report as well around house price balance and the associated statistics. Posted late as I had an absence of internet over the past few days which was - frankly - fairly blissful, "tech fasts" are clearly as powerful as intermittent food fasts or other forms of temporary deprivation!