You are here

London landlords dump holiday lets on residential market, pushing down rents

rk_airbnb-app_310320.jpg
Short-term rental properties offered on websites like Airbnb Inc are being dumped on London's normal letting market as the coronavirus outbreak shuts out tourists, pushing down the capital's rents.

[LONDON[ Short-term rental properties offered on websites like Airbnb Inc are being dumped on London's normal letting market as the coronavirus outbreak shuts out tourists, pushing down the capital's rents.

Most inner London areas saw an increase in the number of properties with asking-...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes