Chief Reporter
A 'big increase' in Airbnb properties is one of the reasons behind a "perfect storm" causing a shortage of rental homes in the county, it has been claimed.Shropshire Rural Housing Association, which works to provide affordable homes for people in rural areas of the county, says demand for rental properties is soaring while availability falls, with options dwindling for those who cannot get onto the property ladder.
“We are seeing private rented properties coming out of the market, or their rents being increased significantly, which is making it even more difficult for people to find a property which they can afford. “Secondly, some buy-to-let owners have been choosing to sell their properties, as Shropshire is still a very desirable place to live for people moving from larger towns and cities. Even though prices are reportedly dropping, the market remains strong.
“In rural areas, which are of particular relevance to us as a housing association, renting out a property as a holiday let can be a more profitable and attractive option for a landlord than renting to long-term tenants.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Shropshire teenage singing sensation surprises shoppers with album launchSenior reporter for the Shropshire Star based in Telford.
Read more »
The traditional country pub set on a high street among the Shropshire hillsTrainee digital reporter at the Express & Star and Shropshire Star.
Read more »
Police motorcyclist forced to ride at 95mph to catch up with speeding bikerAudience Editor at the Express & Star and Shropshire Star.
Read more »
Archive photos of the Oswestry to Gobowen railway show much-missed line before closureAudience Editor at the Express & Star and Shropshire Star.
Read more »
Shrewsbury curry house celebrates after being named county's best at awards ceremonySenior reporter for the Shropshire Star based in Telford.
Read more »