Brexit – UK housing crisis leaves record levels of Londoners unable to afford rent

al sahwat times brexit


UK housing crisis leaves record levels of poverty and homelessness


Advertisement – Advertise here from OMR 100 / $275 USD


 Al-Sahawat Times | Ethical Global News from Oman and UAE | Donate HERE 


London already had some of the world’s smallest houses, most over crowding, highest costs of living and highest housing costs.

However as Brexit has progressed form worse to worse the housing crisis has exploded with housing and rent prices rising and jobs and salaries falling.

According to a recent report looking at the effects of the current Brexit triggered recession the London Housing Crisis has reached record levels.

The average rent for a one bedroom flat in London excluding utilities or monthly taxes is currently 85% of the average London gross income before taxes are deducted. This means that taking into account the average taxes and utilities it is mathematically impossible for someone on the London average income to rent a one bedroom flat unless they share it.

This means that most people in their 30s are now sharing houses in a way that most people would normally associate with teenage university students.

The reports highlights how London parents are skipping meals to be able to afford to feed their children with record high levels of starvation.

The GBP dropped by 4% since Boris Johnson became PM in July, with the Bank of England announcing expected crashes of 17% before the end of October.

The EU and the UK both stated this week that a no-deal Brexit on the 31 October 2019 is inevitable. The UK have down voted Theresa May’s deal four times. The EU refuses to restart negotiations. Boris Johnson refuses to hold a referendum to revoke Article 50 and stop Brexit. This means the only legal possibility is a no-deal Brexit, exactly what Boris promised to force before he became PM.

On a study of one thousand homes across London, Al-Sahwat Times found as many as 16 people living in one home sharing one kitchen and one bathroom, all of which were strangers to each other. The most common number of people sharing a one bathroom one kitchen apartment or house in the study was 4 to 6 usually comprising of two couples with 0 to 2 children between them.

Over 300’000 people left London in 2019 citing the cost of living, crime and pollution as the main reason for migrating. However London still continues to grow as the number of people leaving is dwarfed by the number of people moving into the mega city.


Since you’re here …

… we have a small favour to ask. More people are reading Al-Sahawat Times than ever but advertising revenues across the global media industry are falling fast. And unlike many news organisations, we haven’t put up a total paywall. We want to keep our journalism as open as we can. So you can see why we need to ask for your help. Al-Sahawat Times’ independent, investigative journalism takes a lot of time, money and hard work to produce. But we do it because we believe truly ethical media and an unbias perspective really matters.

“I appreciate there not being a paywall: it is more democratic for the media to be available for all and not a commodity to be purchased by a few. I’m happy to make a contribution so others with less means still have access to information.”

If everyone who reads our reporting, who likes it, helps fund it, the future of ethical media and the futures of our staff and their families would be much more secure. For as little as £1, you can support Al-Sahawat Times and it only takes a minute. Thank you. 


Donate


This story is available on:

APPLE NEWS | AL-SAHAWAT TIMES


Talk to a journalist

Email: NewsDesk@alsahawat.com

Web: alsahawat.com

Follow Al-Sahawat Times

⬆️ Follow on Instagram

⬆️ Follow on Twitter

⬆️ Follow on LinkedIn

⬆️ Follow on Facebook

⬆️ Follow on YouTube

Read it on APPLE NEWS

Read it on FLIPBOARD

Views: 0

About the Author

Nur al-Shahid
• Celebrity Biographer • Author • Journalist • Travel Photographer