story this week in the guardian.
One in nine private renters in the UK’s 10 biggest cities were displaced from central locations to cheaper housing areas on the suburban fringes during an eight-year period to 2020, the study by University of Glasgow academics found. The number of low-income households living in privately rented homes in Glasgow fell by +20% during the period.
Yep, I’ll be in the middle of nowhere at this rate.
by Top_Zombie_8869
4 comments
They only want tourists and students in cities
Attempts to squeeze private landlords aren’t working, just pushing up their costs and creating incentives against stable long term tenancies … rents are not going up as fast as general inflation, but faster than incomes, and faster than in England.
The only way to reduce prices when there is short supply is more supply. Build.
Glasgow West End case in point. The sheer amount of students now is gtn silly, and they have to live somewhere. Hyndland is awash with Airbnbs. Social housing is so hard to get as well. But at least the uni is making millions.
2020 data? It’s a completely different world now. That one in nine stat must be closer to one in seven (or lower) right now.