Return of the buy-to-let-market?
Category Property market overview
Property investors in the residential buy-to-let market are returning to an environment that has seen a rise in rental prices and an improvement in tenant payment performance.
The residential buy-to-let property market surged ahead of the global financial crisis, reaching its peak in 2004, but has suffered in the years since.
The growing appetite for residential buy-to-let property can be seen in FNB’s latest estate agent survey. The survey indicates that the number of rental properties bought, as a portion of total properties, increased in the first quarter of 2014 to 9%, from 8% in the final quarter of 2013.
Read the complete article at www.moneyweb.co.za
Author: Ray Mahlaka for Moneyweb
