UK rents rise faster in deprived areas – and drag more people into poverty
UK rents rise faster in deprived areas – and drag more people into poverty
Cost doubles in some poor urban districts, driven in part by mortgage rate rise, UK-wide study shows
Cost doubles in some poor urban districts, driven in part by mortgage rate rise, UK-wide study shows
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rents are driven by mortgage rates now - what the fuck.
I can just hear those fucking thatcherites and blairites shitting out their free market rhetoric all over the place.still, people keep voting for it, so it must be working for the upper middle .
rents are driven by mortgage rates now
That's normal. When it gets more expensive to buy, more people are forced into renting, which increases demand for rentals, which increases the price of rentals.
Rent control is how many societies and communities deal with it.
Rent control leading to famously affordable rents in New York and San Fransisco.
We have social housing in the UK which is rent capped and it gives people an element of stability. It can work well