How is ‘Rent-to-rent’ affecting Britain’s housing market
Many Britons store their wealth in bricks and mortar. But buy-to-let firms have now become the biggest single type of business in the UK. Four times more are registered with Companies House than fast-food shops.
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Ownership is concentrated among older people, so for young entrepreneurs late to the buy-to-let boom, the solution has become ‘rent-to-sublet’, otherwise known as ‘rent-to-rent’. But who are the winners and losers and what does it reveal about Britain’s economy?
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