NoRegretsCoyote
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From about 2017 onwards there were numerous media reports as well as plenty of anecdotal AAM evidence of private landlords leaving the market.
Well, it looks like that didn't happen.
I looked at the Census 2022 results released ten days ago and grouped households them into three categories: owner occupied, private rental (including rent free), and social rental (local authority or voluntary body).
The number of private rentals increased from 337k to 362k, or 6% from 2016 to 2022. That's only a little below the overall increase in households of 8%. As a share of total households (excluding not stated) the share of private rentals has been pretty much unchanged since 2016 at around 20% 2016, and indeed back to 2011 even.
Households by tenure status (thousands)
Households by tenure status (% of total)
Anyone with ideas about why this is the case please feel free to comment. I don't have a good explanation myself.
Note: data is here. I excluded the not stated category which went from 25k in 2011 to 80k in 2022. My guess is that non-stated households are more likely to be transient and in the private rental sector, so it's possible that the private rental stock actually increased by even more.
Well, it looks like that didn't happen.
I looked at the Census 2022 results released ten days ago and grouped households them into three categories: owner occupied, private rental (including rent free), and social rental (local authority or voluntary body).
The number of private rentals increased from 337k to 362k, or 6% from 2016 to 2022. That's only a little below the overall increase in households of 8%. As a share of total households (excluding not stated) the share of private rentals has been pretty much unchanged since 2016 at around 20% 2016, and indeed back to 2011 even.
Households by tenure status (thousands)
2011 | 2016 | 2022 | |
Owner occupier | 1150 | 1148 | 1211 |
Private rental (inc rent free) | 331 | 337 | 362 |
Social rental | 144 | 160 | 183 |
Not stated | 25 | 53 | 80 |
Total | 1649 | 1698 | 1837 |
Households by tenure status (% of total)
2011 | 2016 | 2022 | |
Owner occupier | 70.8 | 69.8 | 68.9 |
Private rental (including rent free) | 20.4 | 20.5 | 20.6 |
Social rental | 8.9 | 9.7 | 10.4 |
Anyone with ideas about why this is the case please feel free to comment. I don't have a good explanation myself.
Note: data is here. I excluded the not stated category which went from 25k in 2011 to 80k in 2022. My guess is that non-stated households are more likely to be transient and in the private rental sector, so it's possible that the private rental stock actually increased by even more.