Enfield tenants spend 48.65% of their net pay on rent, compared to the national average of 38%, making it one of the least affordable areas in London.
30% of London tenants spend over half their salary on rent, emphasizing the financial strain faced by renters in the city.
Chris Hutchinson notes the disparity between renters (spending the majority of income on rent) and homeowners (allocating 18% to mortgages), affecting renters' ability to save for homeownership.
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