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The Independent UK
The Independent UK
National
Thomas Kingsley

Number of young people spending over 30% of income on rent hits five-year high

PA

The number of young people under 30-years-old spending more than 30 per cent of their salary on rent has reached a five-year high, new data shows.

It comes as the cost of living crisis is plunging Britain into its worst standard of living crisis in decades with energy bills still set to soar again this autumn.

The analysis by Dataloft, shared with the BBC, aggregates records from 150,000 tenants collected by major tenant referencing companies for the year until the end of June 2022.

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