Ruth Alexander
speaker
4,250 appearances
120 recordings
1 series
first heard Jan 2011
last heard Aug 2018
Ruth Alexander’s voice in public audio — every appearance, attributed to the second.
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Appearances
Their idea is that landlords would have to offer private tenants three-year tenancies with a right to cancel six months in, and rent could only go up with CPI, the Consumer Prices Index measure of inflation.
which is used to uprate pensions and benefits and so on.
Now, this would affect an increasing number of people.
About 4.5 million people privately rent their homes in the UK, about the same number as social renters.
The number of owner-occupiers, that's still the majority of people, about two-thirds.
It's 17 million in the UK.
But that's dropped sharply over the last decade by about 6% in England and Wales.
And at the same time, the numbers of people in the private rented homes has increased.
Well, people who tend to be younger, renters tend to be younger than homeowners on average.
Almost half of all young households aged 25 to 34 rent privately in England and Wales, and that is twice the rate it was a decade ago.
Well, housing affordability is a big problem at the moment.
That's why, in short, we haven't been building enough homes to meet supply.
And that means there's a big demand for both homes to buy and rent.
Private tenants are hit by a double whammy because the shortage of homes also means rising rent.
So it's hard to buy and it's getting more expensive to rent.
To give you an idea, in the last years, rents across the UK went up by an average of 2%.
In London, it was higher still.
Now, given that inflation is at zero at the moment, if Labour's policy were in effect today, rents for the next year would be frozen.
Well, it's interesting to look, actually.
Germany already has a rent cap.
Showing 121–140 of 4,250 · page 7 of 213
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