Low paid staff work until lunchtime just to pay their rent

Published by Hannah Nemeth on 30 May 2017.
Last updated on 31 May 2017

Renting too expensive for low paid workers

Brits earning between £16,000 and £23,000 a year have to work for 15 hours of their working week just to pay their rent, research by Shelter has revealed.

The housing charity found that full-time workers on a low wage – which includes hairdressers, security guards, factory workers, care home staff and fitness instructors among others – fork out 44% of their salary to rent a typical one-bedroom home.

Londoners are the worst off, paying more than three-quarters (78%) of their wages to rent privately. However, other research by property portal Zoopla recently found it is {cheaper to rent than buy in London} 

Shelter is urging the next government to build half a million new ‘living rent homes’ for working people.

‘Many are forced to dip into savings – or get into debt’

Anne Baxendale, director of communications, policy and campaigns at Shelter, says: “Colossal amounts of people’s time and money are being snatched away by eye-watering rents, which is a kick in the teeth when they are toiling so hard for their futures.

“With such a huge chunk of their salaries spent on keeping a roof over their heads, many are forced to dip into savings or are getting into debt to cover other essentials and stay afloat.

“The next government can make a real difference by building half a million new living rent homes for ordinary working people and families. This will give them the chance for a far stronger future, instead of being left to scrape by.”

City survivors: It’s about time generation rent got some good news 

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Meanwhile high paid earners

Meanwhile high paid earners have to work till lunchtime to pay their mortgage?

And why have a story criticising "eye watering rents" while having huge banner ads and stories on this website promoting the idea of becoming a buy-to-let landlord, the very people who are charging these eye-watering rents?