Rents in England have soared at a rate well above
earnings, leaving renters struggling to cope, analysis by the Chartered
Institute of Housing (CIH) shows. The CIH compared Office for National
Statistics (ONS) data on rent rises between May 2011 and 2017 with data on
rising wages from the Bank of England over the same period. It showed wages had
risen by 10.4% across England, well below the 14.6% growth in rents. The worst
affected area was London, where rents have soared 21.6% compared with wage
growth of just 6.3%. Read more on Inside Housing.
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