My landlord raised our rent from £690 to £1000pm and I've been living with my parents since. Lukily, I had a remote job, but moving from London to a village in somerset while earning 38K is madness. I just couldn't find a place. Anyways, we're moving to essex next month, and I don't plan on searching for a place anytime soon, rhe rent prices are enormous!
Any recommendations of good cities to perhaps move too, I'm from Nottingham & the prices here just seem ridiculous for what they should be worth. I earn more than my mother (single parent) ever did when she brought her house back in 2006, & I wouldn't be able to afford her house now. She was just a call center operative & I'm a software developer. I guess you could say timing is key. 🤷🏿♂️
ITS NO DIFFERENT IN BRIGHTON and other cities now. ITs crazy ...and THE BIGGEST CHALLENGE IS DEALING WITH LETTING AGENTS who want you to earn 30 times the rent or they fail you. THUS LEAVING PERFECTLY HOMEABLE PEOPLE OUT OF HOMES. This has to stop. Rent controls are needed AND letting agents forbidden from putting tenants under so much pressure. LETTING AGENTS ARE CURRENTLY HARMING SOCIETY. NO QUESTION.
that's because housing in london is a scam. Housing is actually a "solved" problem from an engineering standpoint, just look at the high rise condos/flats built affordably across Asia. It's just that existing property owners oppose all new developments that might increase supply . 🤷♂
I just had to apply for 1100 pm with limited washing machine use. Well planing to stick to strict intermittent fasting 😅they say it's good for the body.
650 a week or month? I get so confused when I see videos about the renting market in the UK as some talk about the rent per week and other per month. We only pay per month in Sweden. 650 £ is a lot of money even if it is per month!
@Kriszta Bucsi that's madness. You may have got ripped off or is it the market rate now? 2 years ago, I knew someone who got a really nice double room for £500
London has always been & will always be the most expensive place to live. Globalisation and tech have had a catastrophic effect on young people’s salaries, particularly new graduates. Let’s say the average graduate starting salary is £20,000 in London and I’m an employer & I can can get a European graduate to accept £15,000. I’ll take them. Demand outstrips supply in housing & salaries are going in the opposite direction. I urge young people not to come to London for work or to live if they can possibly avoid it. I don’t understand why the government doesn’t speed up with its levelling up in cities outside London, particularly encouraging high tech businesses to move North. There’s clearly a need for it.
Who are these Europeans undercutting our poor British graduates? You mean those Europeans from countries, many of which, are richer (10 countries in the EEA have higher GDP per capita than the UK). I think someone has been listening to a bit too much Nigel Farage made-up stories from Nigel's fairy land... Ever thought that the big salaries in London exist because the talent is there? Sure, get rid of all the Europeans and the British workers will be paid more and how long will that last? Why would I as a company want to continue paying a big fat salary in a place with a dwindling talent pool?
Try renting or buying in Cornwall, where I'm from. Our own people can't even get a home because those that aren't from here but holidays home and leave them standing most of the year. Cornwall council never used to tax second homes but they are going to and these homeowners are kicking off about it..... We pay tax on rented properties here, even being cornish ffs so what makes them think they're entitled to it free.
Although London is one of the most expensive places to rent, the housing crisis is becoming a national issue. At 46 years old, I have autism and work part-time, earning a modest income. Securing a council house has become nearly impossible as local governments are stretched to their limits. Renting privately is also becoming prohibitively expensive for more and more people. I'm witnessing a rise in homelessness, which is a clear indication that our most vulnerable citizens aren't receiving the support they need. In my opinion, it’s highly unlikely that our new government will take any meaningful action to address the housing crisis.
I'm afraid you are competing against millions of economic migrants, who do not need to work, as they are being housed by the UK Government using taxpayers' money to pay inflated rents... or more correctly the rent is being paid with money borrowed by the UK government. The annual Benefits bill in London alone is £43 Billion. If this were to stop, or just slow down, then English people might have a more secure future in their own country..
@@pb.j.1753 I can kind of understand people being priced out of a place they grew up in. But of you chose to take the job there then complaining about the rent seems quite entitled. There's lots of places I would like to live, but I can't afford it, so I don't.
@@cellbiologyshorts9105 Lincolnshire is a rural area with very low wages and few career opportunities. Unless you want to pick vegetables as a living for the rest of your life you are going to need to move away.
Rent in London is very hectic because you know I been staying in hotels for 9 months straight now jumping here and there like a grasshopper. Got no job claiming benefits since pandemic and now DWP is close my benefits. We are all doomed. Also blame immigration for the extortionate increase in housing values that’s destroying our basic human rights. They’re the ones milking, cheating and breaking the system. It used to be fair years back but now it’s total injustice.
If you are British born, maybe you should be looking internally as to why someone who speaks English as a second language is outperforming you in terms of work and housing
My landlord raised our rent from £690 to £1000pm and I've been living with my parents since. Lukily, I had a remote job, but moving from London to a village in somerset while earning 38K is madness. I just couldn't find a place. Anyways, we're moving to essex next month, and I don't plan on searching for a place anytime soon, rhe rent prices are enormous!
Rents shouldn't rise 😔 especially when wages are not rising
Would you know what is the average annual wage in london?I've googled but not sure which sites are credible
@@Peacelily2257k
I’d try to find median for a better idea.
Girl struggling in cost of living.
BBC soundtrack:
Renting in London is a scam... That's the reason I left in the first place, unscrupulous landlords...
Any recommendations of good cities to perhaps move too, I'm from Nottingham & the prices here just seem ridiculous for what they should be worth.
I earn more than my mother (single parent) ever did when she brought her house back in 2006, & I wouldn't be able to afford her house now. She was just a call center operative & I'm a software developer. I guess you could say timing is key. 🤷🏿♂️
ITS NO DIFFERENT IN BRIGHTON and other cities now.
ITs crazy ...and THE BIGGEST CHALLENGE IS DEALING WITH LETTING AGENTS who want you to earn 30 times the rent or they fail you. THUS LEAVING PERFECTLY HOMEABLE PEOPLE OUT OF HOMES.
This has to stop.
Rent controls are needed AND letting agents forbidden from putting tenants under so much pressure.
LETTING AGENTS ARE CURRENTLY HARMING SOCIETY. NO QUESTION.
Not always them. Now you got guys who rent from them and slap on 200 extra for themselves.
that's because housing in london is a scam. Housing is actually a "solved" problem from an engineering standpoint, just look at the high rise condos/flats built affordably across Asia. It's just that existing property owners oppose all new developments that might increase supply . 🤷♂
700? It's around 900 where I live. It is a nationwide crisis
what's with the jaunty music? trying to make this sound fun? This is a horrifying and cruel situation
I just had to apply for 1100 pm with limited washing machine use. Well planing to stick to strict intermittent fasting 😅they say it's good for the body.
700 in London is a joke. My single bedroom in Wales costs me 650.
650 a week or month? I get so confused when I see videos about the renting market in the UK as some talk about the rent per week and other per month. We only pay per month in Sweden. 650 £ is a lot of money even if it is per month!
Doesn’t sound right. I had a 3 bedroom house for £650/month in Swansea
@Kriszta Bucsi that's madness. You may have got ripped off or is it the market rate now?
2 years ago, I knew someone who got a really nice double room for £500
It's either for week or for houseshare -meaning tiny room in damaged apartment.
@@SUSSDUEthe average cost to rent a room in London is now 1000 pounds. While the minimum salary is like 1500 😂
Glad I own my own
Home in London no mortgage either I inherited it from my mum who ended her mortgage in the early 1990s
You got it easy then.
What part of London
London has always been & will always be the most expensive place to live. Globalisation and tech have had a catastrophic effect on young people’s salaries, particularly new graduates. Let’s say the average graduate starting salary is £20,000 in London and I’m an employer & I can can get a European graduate to accept £15,000. I’ll take them. Demand outstrips supply in housing & salaries are going in the opposite direction. I urge young people not to come to London for work or to live if they can possibly avoid it. I don’t understand why the government doesn’t speed up with its levelling up in cities outside London, particularly encouraging high tech businesses to move North. There’s clearly a need for it.
You say that but outside of the big cities of London, Birmingham, Leeds and partially Manchester there's simply NO jobs
But if you have talent there … couldn’t that help attract businesses.
Who are these Europeans undercutting our poor British graduates? You mean those Europeans from countries, many of which, are richer (10 countries in the EEA have higher GDP per capita than the UK).
I think someone has been listening to a bit too much Nigel Farage made-up stories from Nigel's fairy land...
Ever thought that the big salaries in London exist because the talent is there? Sure, get rid of all the Europeans and the British workers will be paid more and how long will that last? Why would I as a company want to continue paying a big fat salary in a place with a dwindling talent pool?
This is my room... Cuts the camera 🙄
Try renting or buying in Cornwall, where I'm from. Our own people can't even get a home because those that aren't from here but holidays home and leave them standing most of the year. Cornwall council never used to tax second homes but they are going to and these homeowners are kicking off about it..... We pay tax on rented properties here, even being cornish ffs so what makes them think they're entitled to it free.
Although London is one of the most expensive places to rent, the housing crisis is becoming a national issue.
At 46 years old, I have autism and work part-time, earning a modest income. Securing a council house has become nearly impossible as local governments are stretched to their limits. Renting privately is also becoming prohibitively expensive for more and more people.
I'm witnessing a rise in homelessness, which is a clear indication that our most vulnerable citizens aren't receiving the support they need.
In my opinion, it’s highly unlikely that our new government will take any meaningful action to address the housing crisis.
Any suggestions to find a decent place for fully furnished accomodation for single/couple in Cambridge, without paying to agency?
Where can I watch the whole video please?
Jess Greenberg BlackRock owns the world
Move up North, it's cheaper
That vodka is also 700 per week per month
I'm afraid you are competing against millions of economic migrants, who do not need to work, as they are being housed by the UK Government using taxpayers' money to pay inflated rents... or more correctly the rent is being paid with money borrowed by the UK government. The annual Benefits bill in London alone is £43 Billion. If this were to stop, or just slow down, then English people might have a more secure future in their own country..
Economic migrants get no help.
Okay but you want more illegal immigrants.... Abd already have at least 800,000 over stayers....
If you went to a random place in the UK they would all be able to tell you live in London
But nobody made her take the job though right?
What are you talking about
@@pb.j.1753 I can kind of understand people being priced out of a place they grew up in. But of you chose to take the job there then complaining about the rent seems quite entitled. There's lots of places I would like to live, but I can't afford it, so I don't.
@@cellbiologyshorts9105 Lincolnshire is a rural area with very low wages and few career opportunities. Unless you want to pick vegetables as a living for the rest of your life you are going to need to move away.
Rent in London is very hectic because you know I been staying in hotels for 9 months straight now jumping here and there like a grasshopper. Got no job claiming benefits since pandemic and now DWP is close my benefits. We are all doomed.
Also blame immigration for the extortionate increase in housing values that’s destroying our basic human rights. They’re the ones milking, cheating and breaking the system. It used to be fair years back but now it’s total injustice.
If you are British born, maybe you should be looking internally as to why someone who speaks English as a second language is outperforming you in terms of work and housing
Get a bf
Problem with London to many Northern and Southern particularly from backwaters of Cornwall. All with decent paid jobs can’t afford to buy or rent.
If work no longer helps people keep a roof it will become meaningless.
In today's episode of 'Should have tried harder at school' 😂😂
I hope that's sarcasm.
Schools teaches you nothing about the real world. It’s a scam.
Boohoo