Cambridge Residential Rental Market, Spring 2021
The economic and human costs of the COVID-19 crisis deepened during the fourth quarter as we embarked nationally on a second, and now, third lockdown period. Cambridge has remained at the centre of the pandemic response with activity continuing in the city’s university R&D buildings and across its science parks and quarters.
The residential market itself has been in the spotlight as households review how their homes have performed during the successive lockdowns, particularly given the expectation of longer term changes to working practices and increased levels of homeworking.
Despite the practical challenges of viewings during the lockdown periods, this has driven a marked increase in activity as tenants, and in some cases, former owner occupiers, seek out more suitable homes given their pandemic experience.
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