‘Too late for rent caps’: East London rents jump 50 per cent since 2019 Property Rental costs in London have skyrocketed over the past five years, and new data has shown that rental growth in the city’s historically-affordable east has risen the fastest. Prices have risen by around 50 per cent in Shoreditch, Bethnal Green and Haggerston to pass an average of £1,000 per month, according to data from Spareroom. [...]
London renters need 209,000 new homes as government told it has ‘huge task on hands’ London Rental Crisis Some 209,000 new rental homes will be needed in London by 2031 to help deal with the capital’s shrinking pool of housing.