Laura Sharman 03 August 2018

Rents have soared 60% faster than wages since 2011, charity reveals

Rents in England's market towns and suburbs have risen 60% faster than average wages, new research has revealed.

Housing charity Shelter found private rents have risen by 16% since 2011, while the average wage has risen by only 10% in the same time period.

It discovered that the London Borough of Barking and Dagenham had the largest percentage difference between the amount rents and wages have increased at 40%.

The charity blamed this 'rentquake' on a failure to build enough affordable homes, and called on the Government to develop a new plan for social housing.

Greg Beales, campaign director at Shelter, said: 'With this surge in private renters the housing market has shifted massively and yet as a country we’ve failed to respond.

'This has resulted in consecutive governments focusing on better-off home owners whilst not doing enough for hard pressed renters. We need politicians of all parties to sit up and take notice of the rising numbers of renters, and ensure they're doing all they can to protect them.'

SIGN UP
For your free daily news bulletin
Highways jobs

Finance Assistant - Banking, Controls & Reconciliation

Essex County Council
Up to £25081.00 per annum
Finance Assistant - Banking, Controls & Reconciliation Fixed Term, Full Time£25,081 per annumLocation
Recuriter: Essex County Council

Park Operations Assistant

Essex County Council
Up to £25959.00 per annum
Park Operations AssistantPermanent, Part Time£25,959 per annumLocation
Recuriter: Essex County Council

Science Teacher

Durham County Council
£32,916 - £51,048
Science Teacher M1- UPS3 £32,916 - £51,048 Permanent, Full time Required as soon as possible The Woodlands EHN Team is seeking to appoint a qualified Ferryhill
Recuriter: Durham County Council

Hospitality and Catering Instructor

Durham County Council
£27,663 - £37,875 Instructor Scale B
WHAT IS INVOLVED? The team at Aycliffe Secure Centre provide a caring, trauma informed and aspirational environment for young people aged between 10 a Newton Aycliffe
Recuriter: Durham County Council

Lawyer Contracts and Procurement

Durham County Council
£47,181 to £51,356 p.a. (Grade 13)
An exciting opportunity has arisen for a Contracts and Procurement Lawyer to work at Durham County Council as part of the Legal and Democratic Service Durham
Recuriter: Durham County Council
Linkedin Banner