London becomes a city of renters – Evening Standard
14/06/2012
The London Evening Standard reports that thousands of new homes for rent are being built in London aimed at young people who have made a lifestyle choice to be tenants, says David Spittles
London’s resurgent rentals sector is leading a nationwide boom in private lettings that will change the face of the property market over the next decade.
Private renting now accounts for 27 per cent of all homes in the capital and has overtaken social renting, which accounts for 24 per cent.