Some great insight!
Renting is London is out of control. This is well known to most people – especially those who are unfortunate enough to be tenants themselves.There are a range of issues, short contracts, expensive estate agent charges, poor maintenance etc. But the biggest issue is simply price, the extortionate cost of renting in London that makes it impossible for many to remain in the city especially as the government and the mayor require housing associations which want to build any new sub-market housing to increase rents on both the new and existing properties towards a laughingly titled ‘affordable rent’ of 80% of market value. As a result London is becoming less of a mixed city, and increasingly a playground for the wealthy, which threatens to destroy everything about London which makes it great. So what can be done?
The most obvious solution, one that would be supported by the vast majority…
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