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Renting vs owning - depends on the market. When prices are high a rising the rent price tends to go up as fewer people can afford to buy, when they go down it goes down. At the moment we have a combination situation where prices are falling slowly but the deposit requirements are much higher so fewer people can afford to buy and so rent demand is higher. Also banks are not doing so many buy-to-lets any more so supply is tighter.
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[I]So long and thanks for all the fish.[/I]
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