London is facing a rental crisis with average renters spending over 40% of their wages on rent. Green Assembly member Zoe Garbett has urged Mayor Sadiq Khan to establish a commission to explore rent controls as a viable solution. Many renters, like Patrick Dunne from Kennington, report significant increases in rent that outpace wage growth, leading to insecurity and stress. Tenants express a dire need for price restrictions, fearing they can no longer afford to live in London amidst rising costs and subpar rental conditions.
We need to break this cycle of unaffordability, and get a grip of the private rental market before even more Londoners can no longer afford to live in their own city.
Currently we pay 525 each but my other housemate is about to move out and the rent will soon just be between the two of us so it will work out at over 750 per month each.
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