Why is the UK’s rental market in chaos?
This Is Why
Sky News
4.0 • 552 Ratings
🗓️ 13 October 2022
⏱️ 22 minutes
🧾️ Download transcript
Summary
According to a new Sky news analysis, there’s been a big drop in the number of advertised rental properties over the last three years.
On the Sky News Daily, Niall Paterson hears from people caught up in the problems. Anthony Breach, senior analyst at the Centre for Cities research group, explains why he believes controlling rent prices won’t solve some of the long-term problems. And Sky News Data journalist Amy Borrett talks about why supply of housing is one of the biggest issues.
Producer: Emma Rae Woodhouse
Interviews Producer: Alys Bowen
Podcast Promotions Producer: David Chipakupaku
Editors: Philly Beaumont and Paul Stanworth
Transcript
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| 0:00.0 | Add water to your will. |
| 0:02.0 | And know that from that single drop, |
| 0:05.0 | life will grow. |
| 0:08.0 | Communities will flourish. |
| 0:10.0 | A better world will be left. |
| 0:13.0 | By leaving a gift in your will to Water Aid, |
| 0:16.0 | you'll help bring essential clean water to people who need it, |
| 0:20.0 | to change their own lives for generations |
| 0:22.4 | to come. Add Water Aid to your will. Search WaterAid legacy to find out how. At TFO, we're opening |
| 0:31.9 | up more of London for everyone with step-free access. We're continuing to improve accessibility |
| 0:37.1 | at many of our stations, |
| 0:38.9 | and now over 200 stations and counting have step-free access, including the entire Elizabeth |
| 0:44.4 | line, DLR and all tram stops. That is how we're making the greener way to travel more accessible |
| 0:50.5 | to all. Such TFL improvement plan, to the Mayor of London and TFL every journey matters. |
| 0:57.3 | Greener than total estimated petrol and diesel car emissions. The housing market is looking pretty |
| 1:03.0 | dilapidated right now. Those lucky enough to own their own home will soon say their mortgages |
| 1:08.5 | rising significantly, which of course is on top of the cost |
| 1:12.0 | of living crisis, which has made everything noticeably more expensive. But what of the rental |
| 1:17.5 | market? Roughly a third of all homes in the UK, some 8.7 million, are privately rented. |
| 1:24.4 | Well, it's no life at all to live at the whims of a landlord because you cannot settle. |
| 1:29.0 | It is not your home at any point. |
| 1:30.5 | You are made constantly aware of that. |
... |
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