Brexit – UK housing crisis leaves record levels of Londoners unable to afford rent

al sahwat times brexit

UK housing crisis leaves record levels of poverty and homelessness

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London already had some of the world’s smallest houses, most over crowding, highest costs of living and highest housing costs.

However as Brexit has progressed form worse to worse the housing crisis has exploded with housing and rent prices rising and jobs and salaries falling.

According to a recent report looking at the effects of the current Brexit triggered recession the London Housing Crisis has reached record levels.

The average rent for a one bedroom flat in London excluding utilities or monthly taxes is currently 85% of the average London gross income before taxes are deducted. This means that taking into account the average taxes and utilities it is mathematically impossible for someone on the London average income to rent a one bedroom flat unless they share it.

This means that most people in their 30s are now sharing houses in a way that most people would normally associate with teenage university students.

The reports highlights how London parents are skipping meals to be able to afford to feed their children with record high levels of starvation.

The GBP dropped by 4% since Boris Johnson became PM in July, with the Bank of England announcing expected crashes of 17% before the end of October.

The EU and the UK both stated this week that a no-deal Brexit on the 31 October 2019 is inevitable. The UK have down voted Theresa May’s deal four times. The EU refuses to restart negotiations. Boris Johnson refuses to hold a referendum to revoke Article 50 and stop Brexit. This means the only legal possibility is a no-deal Brexit, exactly what Boris promised to force before he became PM.

On a study of one thousand homes across London, Al-Sahwat Times found as many as 16 people living in one home sharing one kitchen and one bathroom, all of which were strangers to each other. The most common number of people sharing a one bathroom one kitchen apartment or house in the study was 4 to 6 usually comprising of two couples with 0 to 2 children between them.

Over 300’000 people left London in 2019 citing the cost of living, crime and pollution as the main reason for migrating. However London still continues to grow as the number of people leaving is dwarfed by the number of people moving into the mega city.

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About the Author

Nur al-Shahid
• Celebrity Biographer • Author • Journalist • Travel Photographer