With more people renting for longer, UK will face a shortfall in private rented property, analysis shows

The UK will need nearly 230,000 new rental homes to avoid a shortfall if the current growth in demand continues, according to a new forecast.

Private rented sector supply will have to increase by 227,000 homes a year to meet the demand for 1.8 million new households over the next decade, according to analysis by the consultancy Capital Economics.

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