At the national level, private rent payments as a share of earnings are currently slightly above their average since records began in 2005. But there are large regional differences. With the rent burden at record highs in London, but below average in the North, there is scope for rents in the Midland and Northern regions to grow faster than our national forecast of 2.5% to 2.7% over the next few years.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.