In the UK the average tenancy is about 20 months. This is possibly because English law gives much stronger protection to people in the first 6 or 12 months of the tenancy, or maybe because of the student market. Tenancies are getting a bit longer, and this is possibly because moving home can be one route from the legacy benefits onto Universal Credit (which is usually catestrophic for the claimant.)
Yeah, so what has happened is institutional investors now dominate the SFR rental market. They ask for 5% rent increases every year and therefore have relatively high turn ratios. It makes it easier for mom and pop investors to hold long term tenants.
