This week, our Rent Watch research provided more stark evidence of London’s broken renting. The figures don’t make encouraging reading: families now need a household income of £52,000 a year to affordably rent a typical two bed home in London. In eight boroughs, including Hackney and Tower Hamlets, this number rises to £60,000.
Hear Shelter’s Antonia Bance explain what the next Mayor must do on the BBC London 94.9 breakfast show, and listen to police officer Andrea explain the impact of rocketing rents on her life to Vanessa Feltz here.
Meanwhile, Shelter’s Rachael Orr wrote for MayorWatch, highlighting the once-in-a-generation opportunity available to the next mayor to fix London’s housing.
In a week that private renting took centre stage, Savills and Rightmove released a report that showed it was here to stay. Rental Britain highlighted the huge growth of private renting – particularly among families with children – as well as London’s astronomically high rent levels. Echoing the findings of our first Rent Watch report, it found that average rent in London now takes up 53% of average wages, in stark contrast to the East Midlands where the equivalent figure is just 25%.
Mayoral candidates Ken Livingstone, Brian Paddick, and Jenny Jones had their brains picked this week by the electorate on the Guardian’s live blog. All three discussed London’s housing, with Jenny Jones pledging to build 15,000 affordable homes a year and Brian Paddick insisting he would embark on a ‘massive house building programme’.
When asked what he regrets about his time as Mayor, Ken answered that he wished he had had the powers the next Mayor will have over housing 12 years ago.
Finally, Thursday saw the race escalate as seven candidates officially placed their names on the ballot box to be London’s next Mayor - prospective Assembly members will be declared today.
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