Only London’s highest earners able to rent privately at affordable cost, ONS says

Only the top 25% of earners in London were able to privately rent a property in the city at an affordable rate last year, according to official figures on costs across England.

Data from the Office for National Statistics revealed that for three-quarters of households, rents in the capital were set at a level equal to more than 30% of their income.

Read the full article on this link to The Guardian