London as a whole has seen rental stock plummet by 22 per cent in just one year according to a market snapshot by the listings website Home.
And the site claims that as a result of diminished stock, 10 boroughs in the capital have seen rent increases of 10 per cent or more in 2019.
“Scarcity is driving rents up at a most alarming rate in a growing number of London boroughs” it says, noting that “top of the list is Wandsworth where tenants need to fork out nearly 20 per cent more per month than a year ago.”
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Is anyone making a connection between the first two articles in this newsletter, viz ; Calls to adopt Labour draconian Housing policies, and abolishing Section 21
and the Reduction in Housing supply ???
Hellooo Govt - MHCLG
Gen Rent - who's side are you you on, ? because your not helping Tenants !
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