High rents lead to 'never ending financial pressure'
The Joseph Rowntree Foundation estimates 58% of renting households in London - equivalent to 1m people - spend more than a third of their income on rent.
Robert Taylor, a housing campaigner from Hackney, east London, spends 47% of his take home pay on rent, which creates "never ending financial pressure".
In the last two years his rent has increased 23%.
"You're in a period of anxiety waiting for the renewal cost for the letting agent," he said.
31 May 2017
- From the section Business