Tenants Forced To Spend 40% of Income on Rent

Tenants are having to spend two-fifths of their incomes on rent, reveals a new government report. According to this year’s English Housing Survey, private renters in England are spending 40 per cent of their salaries to keep a roof over their heads. Tenants’ rights campaign Generation Rent director Alex Hilton said: “Renters spend two days every week working to pay off their landlord’s mortgage.” The group denounced the current state of affairs as “exploitation” and a “financial thumbscrew” for millions of people who are stuck without alternatives. Read more on the Morning Star website.