Tuesday, 12 April 2016

Make Renting Better By Stabilising Rents

In the run-up to the London elections, Shelter published new research showing that over half of renters in the capital are struggling to pay the rent. And while the housing crisis is particularly acute in London, private renters across the country are struggling to make ends meet. On average they spend 43%of their household income on rent.  A growing number of people are unable to save, driven into debt or forced to cut back on essentials. Ultimately, more and more private renters are being made homeless. Some groups are arguing that we should drastically cut rents with a rent cap. But although Shelter is campaigning for rent reform, we don’t support the imposition of a hard cap like this. Read more on the Shelter blog.

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