"Countrywide’s analysis of all new lets showed landlords have increased prices by 2.9% since May 2015, with the average monthly rent
for all types of property across Britain rising to £945. In Greater London, the average new rent was up by 0.3% year-on-year at £1,292.
Tenancies coming up for renewal showed a bigger jump in costs, with rents rising by 5.2% over the year, to an average of £907 a
month. In Wales, Countrywide said landlords were charging 9.4% more than in May 2015, with rents at £661 a month."
- Cost of renting one-bed property soars in UK
Workers under 30 pay almost half of monthly wages in rent, while those in London pay even more, says Countrywide
https://www.theguardian.com/money/2016/ ... oars-in-uk" onclick="window.open(this.href);return false;
(my bold)
Renewal tenancies showed rents rising from last year by 5.2%? Landlords charging 9.4% more in Wales? Wages haven't risen in
that same year. The only way this is working is by people sharing a home. It's hard work successfully living with other adults.
What will end up happening is one or more of the home-sharers will end up entirely responsible for debts of the other tenant(s)
who've left the home share and the UK to give bike tours in Vietnam instead.
It is unacceptable that so vital, personal and sustaining a place - a home - is precariously found, insecurely kept and exorbitantly expensive.
I understand this isn't new. The last six years of Tory government have done everything possible to place regular people individually at greater
risk - both private landlord investors, perhaps without adequate pension income and private tenants working for less money with fewer employment
protections. Government is all about divisions, not
differences, current Tory government like
divisions - rich and poor, haves and have nots. Tory government
have set people against each other and have failed maintaining a functional economy facilitating prosperity shared fairly by all participants creating it. Again.
