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

Service Director

City Of Doncaster Council
to £108k
It’s all happening in Doncaster. Doncaster, South Yorkshire
Recuriter: City Of Doncaster Council

STEPs Support Team Manager (CDC)

City Of Doncaster Council
Grade 8, £33,708 - £37,399 + 6% All Inclusive Allowance
We are passionate about our Place and we firmly believe we have one of the strongest propositions in the country. Doncaster, South Yorkshire
Recuriter: City Of Doncaster Council

HEART Technical Business Support Officer x 2 posts (CDC)

City Of Doncaster Council
Grade 6, £25,981 - £26,815
The City of Doncaster Council is a confident, ambitious organisation Doncaster, South Yorkshire
Recuriter: City Of Doncaster Council

SEN Learning Support Assistant

City Of Doncaster Council
Grade 6 Scale Point
£17,988 - £19,478
Recuriter: City Of Doncaster Council

Corporate Director of Housing

Lambeth Council
Circa £180,000
We’re looking for a strategic housing leader with a strong record of improvement, partnership working and driving change at scale. Lambeth, London (Greater)
Recuriter: Lambeth Council
Linkedin Banner