Wednesday, March 28, 2012
Ticking time-bomb
London rents unaffordable on less than £52,000
Renting a two-bed home in London is unaffordable for any family earning less than £52,000, according to Shelter. With almost one in four families in the capital now renting from a private landlord – an increase of 70 per cent in the last four years – the charity is calling for urgent action by the next mayor of London to address the crisis.
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