Average private rent in Great Britain falls for first time in five years
https://www.theguardian.com/money/2025/aug/11/average-private-rent-in-great-britain-falls-for-first-time-in-five-years
Posted by ProfessionalNewt7
Average private rent in Great Britain falls for first time in five years
https://www.theguardian.com/money/2025/aug/11/average-private-rent-in-great-britain-falls-for-first-time-in-five-years
Posted by ProfessionalNewt7
9 Comments
> This month, Barclays said that, typically, housing accounts for close to a third (30.8%) of renters’ take-home pay
Only one thing brings me me more joy than working all of Monday and half of Tuesday working for my landlord. That’s then working the rest of Tuesday, all of Wednesday and the first hour of Thursday working for the Taxman.
Working 5 days a week and only getting paid for Thursday and Friday 🤡
Treasure this headline. We don’t see the like often.
Tell that to the landlords around here. My real life experience has seen nothing but increases.
This is some good stuff, the only thing is can it be maintained, which I’m guessing it wont
>Years of above-inflation increases in rents have put the squeeze …
I don’t know why newspapers are always repeating this falsehood, rental inflation tracks general inflation.
Average rent england jan 2005 £775, jan2025 £1375, increase 77%
General inflation per the BoE inflation calculator 77.3%
>mortgage costs for some landlords have fallen, reducing the need to pass on further costs
The guardian just love to flaunt their ignorance of economics.
May be some landlords have started to realise their no more money to squeeze out of renters as well.
Rent is going up long term, there’s no other possible outcome. If salaries don’t keep up then HMOs will become standard and larger dwellings will be split into multiple properties. There isn’t enough housing.
Adam Smith proven right once again.
Rents are set by affordability, and landlords charge the maximum a tenant can afford to pay, regardless of their costs.
The cost of food and energy has increased outpacing wage increases, there is less available for rent.
I live in Canada, I didn’t know rent could do this.