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

Transport and Major Work Manager

Slough Borough Council
£54,556 to £60,085 per year Inclusive of Local Weighting Allowance of £1096
Drive the future of transport and infrastructure in Slough Slough, Berkshire
Recuriter: Slough Borough Council

Restorative Justice Practitioner

Essex County Council
£26284.00 - £33256.00 per annum + pension
Restorative Justice PractitionerPermanent, Full Time£26,284 up to £33,256 per annumLocation
Recuriter: Essex County Council

Events Administrator - Harlow District Council

Essex County Council
Up to £14.8800 per hour
Events Administrator - Harlow District CouncilHarlow District CouncilTemporary, Full Time£14.88 ph PAYELocation
Recuriter: Essex County Council

Adults Social Worker - South Essex (Various Teams)

Essex County Council
£38487 - £51834 per annum
We're an adult social care service that wants to see citizens of Essex have as much choice and control over the way they live their lives as possible England, Essex, Basildon
Recuriter: Essex County Council

Autism Training Coodinator

Essex County Council
£48121.0000 - £56612.0000 per annum
Autism Training CoodinatorFixed Term, Full Time£48,121 to £56,612 Per Annum Location
Recuriter: Essex County Council
Linkedin Banner