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Luxury London Rental Discounts Disappear in Boon for Landlords

Photographer: Hollie Adams/Bloomberg

The rental market in London’s best districts was booming before omicron’s spread led the government to tell staff to work from home where possible.

Rents were higher in November than they were before the pandemic, according to a report by researcher LonRes, as a drop in supply led to a 20% increase in rents compared to a year ago.