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Evening Standard
Evening Standard
Business
Jonathan Prynn

London housing shortage will cause ‘crippling rise in costs’ for renters without thousands of new homes

Young tenants in London face ever crippling increases in housing costs unless there is a massive boost to new private rented accommodation over the coming decade, a report warns today.

It says that 83,000 new homes for private rent must be provided in the capital each year to meet growing demand from young workers looking for a home.

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