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You need a small deposit and can take out a mortgage to buy your share and then pay rent to the landlord for the rest.

However, people from 14 households still cannot return home and continue to be supported either by the local authority, their insurers or landlords.

Some downtown stakeholders including office landlord Rising Realty Partners offered letters of support for the Bloc residential project.

Housing analysts have said that rising vacancy levels since 2022 had forced landlords to accept less in rent.

“Real estate doesn’t react at the speed of the stock market,” Kraft said, as investors and landlords pause to see how the tariffs will play out.