Rent surge: A guide to London renting leaflet is seen on a table during a networking event in the United Kingdom. SpareRoom says that demand has surged in commuter areas and suburbs such as St Albans and Brentwood. — AFP
LONDON: London’s most desirable neighbourhoods are out of reach for all but the most affluent tenants, and the effects are rippling out.
A Bloomberg analysis of data from flat-share website SpareRoom shows the pinch is now being felt in the next tier, as people get pushed out of prime postcodes into places like Brockley and Bethnal Green.
