Fifteen years of soaring house prices has increasingly turned Britain into a nation of renters. Yet renters remain little more than an afterthought for politicians.
The most recent English Housing Survey revealed that significantly more households now rent their home – 36 per cent, compared with 30 per cent who own their homes with a mortgage (35 per cent are owned by their occupiers outright.)
That rising central bank interest rates have created a timebomb for mortgage holders is treated as a national crisis, while the misery of renters is all but ignored.
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