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Evening Standard
Evening Standard
Business
Greg Pitcher

London rents: the share of income it takes to rent a home — in every borough

London tenants now spend more than half their wages on rent, according to new analysis of official figures.

Across the capital, renters part with 53.6 per cent of their income to cover housing costs — with the share of income rising to above 80 per cent in London’s most expensive boroughs.

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