Private rent growth begins to stabilise in major English and Welsh cities, ONS reports
Office for National Statistics figures indicate that annual private rent inflation is beginning to stabilise in major urban centres, offering tenants modest relief while housing affordability remains severely constrained.
A huge press labelled “RENT” compresses a miniature rented sitting room. A tenant sits cramped on the sofa beneath its low ceiling, holding a house key and looking wearily towards the viewer. Outside, a suited analyst studies a reassuringly steady line on a monitor labelled “RENT INFLATION”. The indicator is settling; the pressure on the tenant remains enormous.
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