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The Independent UK
The Independent UK
Business
Holly Williams

Rental costs now account for over 28% of earnings in decade high – report

PA Wire

The average British tenant is now spending more than 28% of their pre-tax earnings on rent, marking the highest level in a decade, according to new figures.

Data from property portal Zoopla showed that rent has been soaring faster than earnings for nearly two years and now accounts for 28.3% of pre-tax earnings.

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