When rents on private homes rose in April last year at the fastest rate for six months, it was assumed that landlords were reacting to the raft of new taxes and the tapering of mortgage interest relief, but we suggested back then that the real cause was probably the lack of supply to meet growing demand.
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Comment
Emerging markets trading close to book value
Prospects for emerging market performance have diminished, although the transition to broad-based economies and a vastly improved income profile holds promise over the long run
Mark Robinson