Only the top 25% of earners in London were able to privately rent a property in the city at an affordable rate last year, according to official figures on costs across England. Data from the Office for National Statistics revealed that for three-quarters of households, rents in the capital were set at a level equal to more than 30% of their income. The ONS said it considered an area to have affordable private rent if tenants spend no more than 30% of their income on it. Rents in some parts of the country dropped when the pandemic struck but in recent months costs have started to rise again. Read more on the Guardian website.
‘One of the last places of safety’: US tenants are striking against their
landlords over steep rent hikes
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Rent strikes have become more common in recent years with all-time high
increases and more corporate investing
Nadia Langley had been organizing tenants ...
2 days ago
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