(c) Spare Room
(You’d have to be Barking and Dagenham to pay this rent!)
In the Guardian today:
‘The situation is worst in Barking and Dagenham, according to the official data analysed by Shelter, where average rents have jumped 42% between 2011 and 2017 while average household wages have only gone up 2%. Elmbridge in Surrey was the local authority area with the second biggest gap, with rents rising 21% while wages have dropped 15%. In Bristol, rents have climbed 44% while wages are only up 12%; in Cambridge, rents have increased 36% against a 9% rise for wages. In Tunbridge Wells in Kent, rents are 19% higher while wages are down 9%; in Milton Keynes rents are up 29% and wages have risen 3%.’
So, typically, rents rising around 30-40% faster than wages?
For clarification, I’m suggesting, hard evidence-free admittedly, that these parts of England are more non-Scottish, in terms of dominant values and access to affordable housing, than other parts to the North.
What’s the situation in SNP Scotland, Scotsman?
‘UK and Scottish Government figures show the median weekly wage in Scotland rose from £396 to £442 between 2012 and 2017 – an increase of 12 per cent. The average rent for a two-bedroom property rose from £553 to £643 over the same period – a rise of 16 per cent.’
So, rents rising 4% faster than wages? Not good but not anywhere near as bad?
Why is it better in SNP Scotland, BBC Scotland?
‘New dawn’ for Scottish private renters. Major changes [by the SNP government] to the law have come into effect for Scotland’s 760,000 private renters. The private residential tenancy rules will bring an end to fixed-term rentals, meaning leases will effectively be open-ended. Rent increases can only be made once every 12 months, and tenants who believe them to be unfair can take them to a rent officer. Shelter Scotland described the change as a “new dawn” for private renters.’
A ‘To-the-point’ report? Actually, I’m a wee bit tired.