Renting in London: 'I can't afford my own place'
After a five-week property search, Tace McWilliam moved to the capital. She settled on a house share as she couldn't afford to live on her own.
She moved from Lincolnshire to south London for work and is one of many renters in the capital who’ve had difficulty finding an affordable property lately.
Rising demand for homes combined with a falling supply has caused prices to increase.
Data from the Trust for London found that for between April 2021 and March 2022 the average rent for a one-bedroom place cost the equivalent of 46.3% the gross-median pay in London, compared to 26.4% for the rest of England.
Tace says she thinks buying a property is out of reach.
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Видео Renting in London: 'I can't afford my own place' канала BBC London
She moved from Lincolnshire to south London for work and is one of many renters in the capital who’ve had difficulty finding an affordable property lately.
Rising demand for homes combined with a falling supply has caused prices to increase.
Data from the Trust for London found that for between April 2021 and March 2022 the average rent for a one-bedroom place cost the equivalent of 46.3% the gross-median pay in London, compared to 26.4% for the rest of England.
Tace says she thinks buying a property is out of reach.
Subscribe here: https://bit.ly/2Gd18gB
Check out BBC London: http://bbc.co.uk/london
Instagram: https://www.instagram.com/bbclondon
Facebook: https://www.facebook.com/bbclondon
Twitter: https://twitter.com/bbclondonnews
Видео Renting in London: 'I can't afford my own place' канала BBC London
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