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The rent crisis: why is renting so bad in the UK?

The rent crisis: why is renting so bad in the UK?

 



The UK rental crisis right now is all about bidding wars, living with mold and damp, personality contests and skyrocketing rent. But why is the rental market so bad in Britain and is this the worst time to rent ever?[Harpidetu:

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For the millions of people who rent privately in the UK, you may find that right now it feels more difficult than ever. Or as one renter we spoke to told us, “It’s basically like the Wild West.” We posted a message online and were inundated with responses about rent hikes, moldy houses, and impossible four-hunts. Demand for rental housing is increasing, but the supply of rental housing is shrinking and the cost of monthly rent has reached its highest rate on record. We look at all these issues and explain why they are happening in the UK right now. Producers: Frances Rankin and Milena Dambelli Executive Producer: Kieron Bryan —– Follow us on: Facebook – https://www.facebook.com/Channel4News/
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