Rents have surged ahead of wage growth in this decade.
Our analysis of government statistics shows that between 2011 and 2017 rents in England have grown 60% quicker than wages. Rents have increased by 16% while average wages have increased by just 10%.
And this isn’t just an issue confined to London and the south-east, as you might expect. This analysis confirms that rental markets in England’s suburbs, market towns and smaller cities are heating up.
This issue … Read more