“Soaring rents rose 60% faster than pay since 2011 – Shelter”

“Rents have risen 60% faster than wages across England since 2011, according to analysis from housing charity Shelter, which claims the crisis is spilling out of cities into “Middle England” towns such as Tunbridge Wells.

The figures show that private rents have risen by 16% since 2011, outpacing average wages which have only risen by 10% over that period. Shelter analysed official data from the Annual Survey of Hours and Earnings and the Index of Private Housing Rental Prices.

The charity said the rental crisis was spreading out from London to cities like Cambridge, Bristol and Birmingham, and to “middle England” towns such as Tunbridge Wells and Milton Keynes, where people are increasingly unable to afford soaring rents while their wages lag behind. …”