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Evening Standard
Evening Standard
Comment
Evening Standard Comment

OPINION - The Standard View: Renters have long felt the pain hitting homeowners

As interest and mortgage rates soar, London’s renters would be forgiven for thinking “welcome to our world”.

Over the past two years, the average rent in the capital has risen by £490 a month, taking it to more than £2,000, according to Zoopla. Meanwhile, boroughs with high levels of deprivation such as Newham and Tower Hamlets are seeing some of the largest annual increases.

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