蜜芽传媒

To rent a one-bedroom flat in certain parts of London you鈥檇 need to earn 拢81,000 a year. A new study into the affordability of rental properties in the UK shows just how expensive renting in London has now become. The average wage in London is 拢33,000 a year, meaning most renters are having to spend between 40% and 85% of their salary on their accommodation. Most letting agents suggest a property is only affordable if you earn more than the monthly rent multiplied by 30. Peter White hears from people who rent properties in London and Newcastle, and talks to a rental expert.

First broadcast on You & Yours, 11 August 2017.