Almost half of londoners now renting

Recent research undertaken by leading property agents, Cluttons shows that home ownership is in decline with more Londoners now choosing to rent rather than buying. This is particularly more acute on the 20 to 40 years segment, which are the prime demanders of rental property.

Almost 50% of London’s population now rents their property compared to a national average of 30%, according to the independent research paper written by Professor Michael Ball of the University of Reading.

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