Rental affordability hits record low as rents rise 2.5 times faster than wages, analysis shows
Rental affordability hits record low as rents rise 2.5 times faster than wages, analysis shows is drawing significant interest across the industry.
Tenants now pay an average of 33.4 per cent of their pre-tax income on rent, which is the highest level on record, according to a property research firm.
Experts suggest this could influence future trends and innovation in the sector.
More updates are expected as the story develops.
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