Anthony Emmerson

I think that's also coupled with the fact that we are seeing so many landlords exiting the market.

We've just now got an imbalance with an oversupply of properties and that uncertainty is meaning that the demand is not there because the interest rates are a little bit higher given the Iranian war.

if we were still in that position where the interest rates were closer to sort of three and a half four percent it might very well be a very different conversation that we're having now because like i was mentioning earlier on that inflection point where rentals and owning

you know, have got to this level, they kind of equal at this point, whereas, you know, before the war in February, March, it was notably cheaper for you to be able to own a property, if you could, rather than rent it.

So

I think we are going to remain in a situation where flats are a little bit less in demand.

I think the flip side of that is that from what I noted, the builders aren't really building as much as the government wanted them to.

They had a target of 1.5 million extra homes.

For the most part, those builders are way under target and actually not pushing forward with new developments at the speed that they thought they would have because of all these other issues.

Anything?

Family houses are going to do very well because, you know, the builders are building flats.

They're not building houses.