Private rents in Great Britain hit record high, data shows

Average advertised rent outside London rose by 7% annually. In London, annual rent growth slowed to 4%, still surpassing CPI inflation of 2%,

120,000 more rental properties required to stabilize rent growth around 2%. Demand surpassing supply, worsened by landlords passing on cost increases due to higher interest rates.

Read at www.theguardian.com