The first-world property problem
Traditionally, spring is the busiest time of year for both buyer’s and vendors, however, this September we have seen a lack of buying options.
Whilst there is an acute shortage of stock available for sale, the issue of the tight high-end rental market has intensified, said Simon Cohen, of Cohen Handler buyer’s agency, which bought out the executive rental firm Farquharsons last year.
Cohen said there are 50 per cent less executive and high-end rental properties on offer this spring compared with the same time last year.
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