Britain’s rental crisis is being driven by record net migration as housing supply fails to keep pace with a growing population, according to new analysis.
The number of rental households formed by new immigrants has jumped from around 80,000 a year in the 2010s to over 200,000 in recent years, Capital Economics said in a note released Monday. The analysis is based on Office for National Statistics data that suggest 80% of new immigrants rent in the private sector.
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