Tenants pay as much as 43% of earnings on the cost of renting - Least affordable rental markets revealed
The latest insight into the rental market from Ocasa has revealed that the average tenant is paying 23.5% of their net earnings on the cost of renting, climbing as high as 42.8% in the nation’s least affordable pockets of the rental market.
The latest research from the international rental marketplace, Spotahome , has revealed that London is just one of six European capitals to have seen the cost of renting fall over the last year. Spotahome analysed monthly rental data across each capital city in the EU, as well as London, and found that the cost of renting has increased by 3% on average since last year.
