Private Rented Sector

Part of Opposition Day — [2nd Allotted Day] – in the House of Commons at 1:23 pm on 25th June 2014.

Alert me about debates like this

Photo of Frank Dobson Frank Dobson Labour, Holborn and St Pancras 1:23 pm, 25th June 2014

We last debated private rents on 24 March, and at that time I and other London Members pointed out that ordinary Londoners were being priced out of the city. I do not mean the City where they play with money; I mean the great London conurbation. That is because there has been a total failure in the housing market, be it buying or renting. Increasingly, ordinary people can no longer afford either to buy or to rent in London, and the situation is still changing for the worse. Prices and rents are still going up and, if the Evening Standard is to be believed, according to a recent headline rents in London are rising eight times faster than wages. Rents are continuing to outstrip wages.