The crisis in the British housing market is reaching terrifying proportions and it is going to get worse. Yesterday we learnt that rental prices are rising by 9% a year, unsustainable and likely to throw thousands onto council waiting lists and the streets. Landlords blame new rules and regulations, like not poisoning their tenants, or higher mortgage costs, which haven’t risen in months. The word from the tenants is that they are being gouged by greedy, selfish and opportunistic owners. Which sounds much more likely to me.
What could possibly be the answer?
What could possibly be the answer?
What could possibly be the answer?
The crisis in the British housing market is reaching terrifying proportions and it is going to get worse. Yesterday we learnt that rental prices are rising by 9% a year, unsustainable and likely to throw thousands onto council waiting lists and the streets. Landlords blame new rules and regulations, like not poisoning their tenants, or higher mortgage costs, which haven’t risen in months. The word from the tenants is that they are being gouged by greedy, selfish and opportunistic owners. Which sounds much more likely to me.