Hi In ch 11 pg 26,the core reading material states that if there are no external influences,freeholders should be able to increase rents with inflation so that the real value of rent is not maintained. Isn't this contradictory,as doing so shall ensure that real value is maintained? Pls explain. Thanks in advance!
Hi - are you using an old version of the course? The version that was released last year for study for the 2020 exams states: If there are no other external influences, freeholders should be able to increase rents with inflation so that the real value of the rent is maintained. If you are using a version prior to this, do make sure that you also have copies of both the Upgrade and Corrections documents, which are available from the ActEd website (the correction of this point is mentioned there).