Economics

In the News

Five Charts on the UK Rental Housing Sector

14th November 2023

This Guardian article provides a snapshot of the UK rental housing market and thus offers some interesting economic insights into the wider macroeconomy.

For me, the issue of a lack of affordability and the receding prospect for many people of getting onto the housing market is the real issue that has longer-term adverse implications for the state of the economy, that said the poor quality of rental housing is also a concern.

Please read: Loophole adds to ‘shameful’ rental conditions in England, says housing chief (Guardian)

📍 The stark reality: rents are up by almost a third, but housing allowance rates haven't budged since April 2020. In London, the average monthly rental cost has surged. For more info: https://t.co/kLFDFYUN0H #housinguk #socialhousing #ukhousingcrisis #fundingforhousing pic.twitter.com/1g2cXk6FnB
— Funding For Housing (@UK_FFH) November 13, 2023

Graham Watson has taught Economics for over twenty years. He contributes to tutor2u, reads voraciously and is interested in all aspects of Teaching and Learning.