please empty your brain below
Under social housing stock, by "Over a half" did you mean "Over a quarter" ? As none of those percentages are more than 50%, but they are all just over 25%.

dg writes: yes, now fixed, thanks.

David | Homepage | 07.08.15 - 7:58 a.m. | #

All very well and good, for some. But what of those who cannot afford to buy or rent private and don't qualify for social housing? Those that end up in the "other" bracket; B&Bs, hostels, bedsits, "vehicle-dwelling", "sleeping-rough" in parks or on public transport, the homeless, etc. I guess as they most likely don't vote, find it very difficult to be employed and generally "off the radar" they are often "overlooked" in the interesting housing stats.

Working Class Hero | 07.08.15 - 8:23 a.m. | #

One thing that the statistics are not good at revealing is what you actually get for the median prices, particularly in the rented sector. It's all very well to say that median rents in two places are similar, but if borough A is dominated by three-bedroomed houses and borough B by one-bedroom flats they are not really comparable. Whichever you are looking for, Borough A will be cheaper for both types of accommodation, but you may have trouble actually finding a flat.

Likewise, the median house in Chelsea is probably rather grander than the median ex-miner's two-up two-dwon in Blaenau Gwent, but a typical Richmond upon Thames semi-detached may well offer more bedrooms than either

timbo | 07.08.15 - 10:01 a.m. | #

However you look at it, it's is bloody depressing for those just starting out! I seriously worry for my kids - if they even manage to get jobs, will they ever be able to afford to live anywhere other than at home with us?

Cornish Cockney | 07.08.15 - 11:41 a.m. | #

Blimey - however you read it, it is bad news. I really feel for those just starting out. Nearly impossible unless you earn a lot very soon. One of my colleagues earns a fairly good salary but pays ++ rent even at keyworker rate in Camden but says when she retires she wont be able to afford it on a pension. What happens then - who knows.

AliE17 | 07.08.15 - 6:30 p.m. | #

@ AliE17

Perhaps all will be well when the "Living Wage" is up and running?
Doubt it...working Londoners, by which I mean those who are on min wage or just above, those with low pay temp contracts and yes even "zero-hour contracts" are in for a tough future. If think things are bad now wait and see what the next 5-25years bring. Interest rates will I'm sure creep-up and those that have used any type of borrowing to keep afloat will suffer.

Working Class Hero | 09.08.15 - 2:35 p.m. | #











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