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Evening Standard
Evening Standard
Business
Anna White

London rents: affordability crisis looms as demand for rentals highest since 1999

Tenants in London spend a greater chunk of their income on rents than those in any other city of the UK, as concerns over the rising cost of living continue to grow.

New statistics published today reveal that 84 per cent of tenants in the capital spend more than 30 per cent of their earnings on rent.

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