The Unrentables
London rental housing market blog:
“It may sound like a bad cartoon movie, but it’s becoming real life. The “unrentables” are a large proportion of the 10 million renters in the UK who find it increasingly hard to find a landlord to rent a property from. Impossibly high rents in London mean more and more people in work need help to meet their housing costs, a trend that shows no signs of slowing down.”
SHELTER
Rent ‘unaffordable’ for low-income families in third of UK - BBC
“We’ve become used to the idea that buying a property is now an impossible drem for millions of people on low to middle incomes – in a typical case it would take 22 years just to save the deposit. But increasingly, private rent is also becoming unaffordable even though, for many families, it is the only option.”
Vidhya Alakeson, Deputy Chief Executive of the Resolution Foundation
“Low to middle income families, those typically earning between £20,000 and £40,000, were once able to afford a decent, family home of their own. Not any more. New analysis by Shelter finds that 1.8 million (73%) of these families are unable to afford the mortgage on a local three bedroom home. More and more low to middle income families are living in private rented accommodation”
SHELTER
The Unrentables
London rental housing market blog:
“It may sound like a bad cartoon movie, but it’s becoming real life. The “unrentables” are a large proportion of the 10 million renters in the UK who find it increasingly hard to find a landlord to rent a property from. Impossibly high rents in London mean more and more people in work need help to meet their housing costs, a trend that shows no signs of slowing down.”
SHELTER
Rent ‘unaffordable’ for low-income families in third of UK - BBC
“We’ve become used to the idea that buying a property is now an impossible drem for millions of people on low to middle incomes – in a typical case it would take 22 years just to save the deposit. But increasingly, private rent is also becoming unaffordable even though, for many families, it is the only option.”
Vidhya Alakeson, Deputy Chief Executive of the Resolution Foundation
“Low to middle income families, those typically earning between £20,000 and £40,000, were once able to afford a decent, family home of their own. Not any more. New analysis by Shelter finds that 1.8 million (73%) of these families are unable to afford the mortgage on a local three bedroom home. More and more low to middle income families are living in private rented accommodation”
SHELTER
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