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

FM Hard Services and Accommodations Officer

London Borough of Richmond upon Thames and London Borough of Wandsworth
£43,545 - £59,220 per annum
Join a progressive and results-driven Corporate Facilities Management (FM) team, delivering high-quality services across approximately 300 buildings within Richmond and Wandsworth. Our remit encompasses a broad range of critical functions, including
Recuriter: London Borough of Richmond upon Thames and London Borough of Wandsworth

Marketing and Events Assistant

London Borough of Richmond upon Thames and London Borough of Wandsworth
£27,781 - £31,134
Marketing and Events Assistant... Richmond, Greater London
Recuriter: London Borough of Richmond upon Thames and London Borough of Wandsworth

Part Time Residential Workers x2

Essex County Council
£25395.00 - £32131.00 per annum + + 26 Days Leave + Local Gov Pension
Part Time Residential Workers x2Permanent, Part Time£25,395 to £32,131 per annum, plus 10% allowance, full time equivalentLocation
Recuriter: Essex County Council

Principal Ruling Group Support Officer

Liverpool City Council
£51356 - £56673
Liverpool is home to vibrant, energetic, and engaged communities... Liverpool, Merseyside
Recuriter: Liverpool City Council

Educational Psychologist - Main Grade

Essex County Council
£43483.0000 - £63394.0000 per annum
Educational Psychologist - Main GradePermanent, Full TimeSoulbury Psychologists Scale A from 3 to 8 plus SPA opportunityLocation
Recuriter: Essex County Council
Linkedin Banner