Property investors are facing lower rental growth rates, with UK rents increasing by three percent annually, the lowest in three and a half years, due to worsening affordability rather than increased supply. Demand for rentals has cooled in all regions, except the North East and Northern Ireland where rents are rising by 6.3% and 9% respectively, with rents in more affordable cities like Blackburn, Stoke, and Rochdale experiencing the fastest growth. Despite this, Zoopla expects rents to rise by three to four percent in 2025, driven by demand exceeding supply and potential impacts from rental reforms and policy changes.
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Why MP Materials Stock Was a Massive Winner This Week
MP Materials, the only rare earth miner and processor in the U.S., saw its shares rise over 16% last week due to favorable news amidst a U.S.-China trade standoff. The company announced it would cease shipping rare earth concentrate to China, emphasizing that selling materials under high tariffs is not aligned with national interests, as much of its production serves clients outside China. While the bullish market reaction is notable, investors are cautioned about the...
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