Friday 16 September 2011

Pity the nation’s renters | Ben Chu | Independent Eagle Eye Blogs

Pity the nation’s renters | Ben Chu | Independent Eagle Eye Blogs

Young people in this country are in a double bind when it comes to housing.

Houses are still too expensive for them to buy (and the banks will no longer give them the finance to do so). Meanwhile, rents are rising far above the rate of inflation.

This chart from HomeLet, a credit reference firm, shows the average rental price across the UK, based on its own data ...

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