Revealed: The surprising London borough with the biggest rent rise in the past five years
Briefly

Ealing has seen a steep 52.5% rise in private rents over the past five years, making it the highest in London. Residents with low to average incomes are largely unable to afford rental properties. The average monthly rent now stands at £2,360. Factors include a drop in rental supply due to landlords exiting the market and rising housing demand linked to improved transport. The council is facing criticism for being lenient on developers amid growing housing needs, with over 7,500 applications on their housing register.
"Private rents in Ealing were below the city-wide average as recently as 2020. Yet in just five years, they have doubled in some parts of the borough."
"A number of national and regional factors have caused this steep increase, including a drop in supply as landlords leave the market in response to changes in regulations."
"Few can afford to rent, with the exception of high-income households, which leaves those on average and lower incomes struggling, particularly those in receipt of welfare benefits."
"Liberal Democrats say that the Labour-run Ealing Council has allowed developers to rule the roost in Ealing."
Read at www.standard.co.uk
[
|
]