Generation Rent expects to be stuck

24th February 2017

A survey of 2,000 people by property and construction consultants McBains Cooper found one in four respondents said they spend around 40% of their income on rent. Within London, the number was slightly higher at 31% spending more than 40%. One-in-three renters said they expect to continue renting for the next five to ten years. In the 45-59 year old bracket, the figure was 52%, and 76% for 60+ year olds.

City AM (20/02/2017)