Crosswords1 min ago
Ridiculous Rents
22 Answers
I live in a university city which is very desirable compared to many ie- low crime rate, cleanish, historic etc. The rent in the city are absolutely ridiculous. They are around £850 per month for a 1 bed flat. When I moved here 8 years ago the rents were far lower. My flatmate earns around £20k and can't afford a place of his own, so we are still sharing at age nearly 50. I have noticed that it is the estate agents who seem to be creating this massive increase. Every time I see a flat in my building, it is advertised for a higher and higher price because, well, it's a nice city to live in. The flats are often empty for months therefore, and then get filled by someone wealthy. I think there should be a law against stupid and greedy inflation of properties by estate agents. It is hard enough to find anywhere to live which is not a student house or earmarked for students, and normal single 40-somethings have nowhere to go! I am in touch with the head of the city council and I wondered if there was anything I could suggest which could reduce the problem?
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