Flatlining wages, surging rents and a national affordability crisis.
Flatlining wages, surging rents and a national affordability crisis.

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%[1].

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