The living wage campaign has been a huge success. But
while housing costs continue to eat up so much of renters' incomes, we need to
go one further. Based on the principle that nobody should have to pay more than
a third of their income on rent (the widely recognised threshold of housing
affordability), we want councils to create a living rent where rents would be
linked to average local earnings. Social housing providers would be encouraged
to provide truly affordable homes and be accredited as living rent providers.
In the private sector, we want landlords to commit to capping their yearly rent
increases at 2% above inflation and offer long-term tenancies to those who need
them. Read more on the Guardian website.
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