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Evening Standard
Evening Standard
Business
Greg Pitcher

London rents: wealthy tenants in the capital mean that rental price hikes are outpacing salary rises

London Goodlord City

Soaring rents are pushing all but the highest earners out of swathes of the capital, according to new data.

Average salaries of tenants have increased by more than 40 per cent in just four years in some areas, according to lettings technology provider Goodlord, which analysed information from more than 125,000 rental contracts and found that earnings were outstripping even fast-rising rents.

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