It’s time for rent control, and it’s time to put an end to greedy landlords.
Rent is simply unaffordable in the UK, especially for young people aged 16-24, who spend on average 44.1% of their monthly earnings on rent.
Imagine what you could spend your money on – if 44% didn’t go straight on housing. Food, family trips, plants and clothes.
In areas like Kensington and Chelsea, renters spend 74.3% of their wages on rent.
Although the common ONS guideline is for people to spend no more than 30% of their wages on rent, for many young people this has become simply unavoidable.
Joseph Elliott, the lead analyst at the Joseph Rowntree Foundation, said: “High rents are locking people out of secure homes and driving poverty and homelessness.
Being a landlord is not a job – it is a choice to capitalise and squeeze money out of societies most vulnerable.
We need rent regulation in order to stop the housing crisis.
Young people cannot buy houses – and we can barely afford to rent them either.






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