collocation · neutral
rental market
UK/ˈrɛntəl ˈmɑːkɪt/US/ˈrɛntəl ˈmɑrkɪt/REN·tal MAR·ket
the market for renting homes or apartments; supply and demand for rental properties
Examples
“The rental market in big cities is becoming more competitive every year.”
“Young people often struggle to save a deposit because of high rents in the rental market.”
“Policymakers worry that changes in interest rates will affect the rental market.”
Band 8 sentence
“Rising demand from young professionals has put unprecedented pressure on the rental market in major cities.”
Collocations
- booming rental market
- tighten the rental market
- enter the rental market
Word family
Common mistakes
rent market→rental market
the renting market→the rental market
Say it for a higher band
5rent market→6rental sector→7+rental market
Synonyms
rental sector
letting market
Easily confused
housing market
“The housing market cooled last year as fewer people bought homes.”
Related words
Learn this word with the rest of its set, and get reminded at the right time.
In Hometown & Housing
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