Property News · October 6, 2021

Only London’s highest earners able to rent privately at affordable cost, ONS says


Majority of renters facing ‘uphill struggle’ as housing costs in parts of England rise againCoronavirus – latest updatesSee all our coronavirus coverageOnly the top 25% of earners in London were able to privately rent a property in the city at an affordable rate last year, according to official figures on costs across England.Data from the Office for National Statistics revealed that for three-quarters of households, rents in the capital were set at a level equal to more than 30% of their income. Continue reading…

Source : theguardian.com
Read more…Only London’s highest earners able to rent privately at affordable cost, ONS says

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