- The problem of affordability: – Average house prices are more than 10 times average household incomes. This problem is at its worst in high-demand areas such as London, which have always been expensive.
- The problem of falling supply: – With 168 laws and regulations governing residential property and its management, small landlords are re-evaluating, with many selling up, resulting in a shrinking in the supply of private rental homes.
- The problem of quality: – The government’s latest English Housing Survey reveals that over one-fifth of private rental homes are deemed “non-decent” and contain category one hazards including mould growth, asbestos, and lead poisoning.
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