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How are people affording the increases in rent?

101 replies

stmawes · 04/05/2022 22:52

How on earth is everyone expected to keep up with the rent increases? Like, where is the money coming from?

I am a young teacher, earn about 30k a year. Which is a decent amount. I live in Zone 3 in a rented flat with two others. I am trying to scrape together a deposit for my own place one day, so I picked a cheaper flat.

My rent is currently £650 a month. My landlord has just informed us that she is increasing the rent to £800 a month next year, "to reflect changes in the market". I offered to meet her half way, and pointed out that I am a good tenant. This was rejected.

OP posts:
PeepsAndSheeps · 11/05/2022 11:17

Thank you for clarifying @ivykaty44 . I knew it was important, but was fuzzy on the details.

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