Why Rent In London Is Out Of Control Right Now

This podcast episode discusses the soaring rental prices in London, particularly in 2022, and their impact on renters. It highlights how rents have increased significantly, consuming a large portion of single earners' income, and the lack of rent control, which allows landlords to charge high prices due to high demand and low supply. The episode features personal stories from London residents, Daniel and Dave, who faced substantial rent increases, with Daniel fighting the proposed increase by uniting with other tenants in his building, while Dave was forced to move. The podcast explores the factors contributing to this crisis, including the shift in the rental market dynamics post-pandemic, reduced housing supply, and increased competition among renters, and concludes by offering advice to renters and discussing potential long-term solutions.