StoneRoad2013's photos with the keyword: housing crisis

CoLC - rents going up [June 2024]

21 Aug 2024 19
Rents are still rising ... leading to "housing poverty" ie too high % of income spent on housing The dip in 2020 was due to the Covid-19 pandemic, followed by a steep rise [relationships breaking up and the economy picking up, plus WFH / students all chasing limited vacancies pushed up rents, not helped by a continued failure to invest in affordable / social housing]. . not my image : fair use & public information

CoLC - rent increases in the UK

18 Mar 2024 26
More evidence that rents are massively increasing all over the UK. {surely this aspect of the cost of living / housing crisis should result in action, perhaps by registration of a fair rent that a landlord may not exceed ?} Not my Image : fair use & public education

CoLC - rent vs earnings {Nov 2014-23}

18 Mar 2024 24
Since 2020, rent has been rising much faster than earnings - one of the factors pushing the housing crisis. Presumably, the drop in 2022 was associated with the disruption to much of daily life during the Covid Pandemic. . Not my Image : Fair use & public education

CoLC - rental demand vs supply mismatch

30 Jun 2023 79
The disparity between available properties and the demand to rent somewhere to live has got steadily worse over the past few years. In most areas the situation is an unsustainable crisis. Despite landlords being able to charge almost anything for rentals, the stock of available properties for longer term lets continues to shrink. Several reasons for this, in my opinion. Starting with saint maggie's great sell off of council [social] housing under the "right to buy" without allowing councils to build replacements. Currently, the number of buy-to-let landlords is not only decreasing overall but a lot of properties have become short term "airbnb" lets as that is supposedly far more profitable. . not my image : fair use & public education

CoLC - rent inflation 2022 to 2023

30 Jun 2023 91
Another aspect of the current cost of living crisis in rent inflation. This infographic shows a wide variation between the 13.7 & 13.5 for Edinburgh & London compared to the 4.3% increase for Belfast. Various causes such as a lot of the buy-to-let landlords with only a few properties are going bust or selling up is one of the main ones. But lack of demand isn't one of them, despite the high rents ! . not my image : fair use & public education