Are rents rising more slowly than house prices? That’s what the figures from the Office for
National Statistics suggest. Indeed, the ONS’s rental index suggests average
rents have been rising below the rate of consumer price inflation, implying
that they are becoming more affordable in real terms, not less. These figures
were much cited when Ed Miliband proposed a mild form of rent control earlier
this year. Critics suggested the Labour leader was, thus, addressing a non-existent
problem. But HomeLet, which produces its own index of rent increases, has, for
some time now, been reporting figures that tell a very different story. Read
more on the Independent website.
Fix Europe’s housing crisis or risk fuelling the far-right, UN expert warns
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Unaffordable rents and property prices risk becoming a key political
battleground across the continent
- Higher costs and cramped conditions: the impa...
21 hours ago
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