[Source: People Daily, by Wahinya Henry]
Economic pressure on the back of Covid-19 pandemic has forced landlords to adjust rents downwards in months preceding the end of the second quarter of 2020.
A new Hass Consult Rental Price Index says that 47 per cent of tenants surveyed in the index indicate rent discounts of between 25 and 30 per cent during that period as rents in Donholm registered the biggest quarterly drop of 4.8 per cent.
The dip in prices were profound in detached houses and apartments at one per cent and 0.3 per cent respectively while areas around Kitusuru had…
