"capped at £400 a week for a four-bedroom house, £340 for a three-bedroom property, £290 for two bedrooms and £250 for a one-bedroom property."
That still feels quite generous even for London, but I'm guessing that if you work you only get a proportion of that figure?
For scale, friends who rented directly on the Thames waterfront opposite the Dome, so you could wave at them everytime Eastenders credits panned out, were paying £1800 a month for a 3 bed 3 yrs ago (they now live where it costs 30k a yr), my father rents a 4 bed in a less affluent area of London and pays much less than 1k a month.
Lab tech friends who work in the NHS who do a skilled job in London but low income, have subsidised housing, no way could they afford London without, but are not unduly worried, so I'm not getting this panic. What am I not understanding here? [genuine Q]