Exactly, and at the moment, people are incredibly risk-averse. Everyone's worried about losing their jobs; consumer confidence is low; etc.
Demand will rise again once the general mood changes and people are willing to take on a bit more risk. Renters will be more likely to buy homes when they feel their jobs are safer. And landlords will buy more rental properties when they feel more confident about the risks patio11 outlined above.
Demand will rise again once the general mood changes and people are willing to take on a bit more risk. Renters will be more likely to buy homes when they feel their jobs are safer. And landlords will buy more rental properties when they feel more confident about the risks patio11 outlined above.