London Avarage Rent: Inflation is breaking new records everyday all over the world. Living is becoming difficult for low salary and unemployed. There are many countries in the world where poverty prevails. The prices of everyday items are skyrocketing.
London Avarage Rent: Inflation is breaking new records everyday all over the world. Living is becoming difficult for low salary and unemployed. There are many countries in the world where poverty prevails. The prices of everyday items are skyrocketing. Meanwhile, people in Britain are also facing rapidly rising inflation. The average house rent in UK capital London has hit a record ₹ 2,50,000 per month.The British capital has always been an expensive city to live in. According to media reports, landlords are now demanding a record rent of Rs 3,000,00 in London. The condition of inflation is such that the rent of the house may soon increase further. For ordinary people in London, where many people are already struggling to balance expenses with rising electricity rates, this news may be worrying.According to the latest data published recently in a report by The Telegraph, rents in London reached a record high of Rs 2,50,000 per month in the fourth quarter of last year, while rents within London exceeded Rs 3,000,00 for the first time. done.Last year saw the second biggest annual rent growth ever recorded outside London, with average rents for newly listed properties rising 9.7 per cent, the news outlet reported. It saw the biggest annual growth after 2021, an increase of 9.9 percent.The rental rates are so high that some people are using it as a side hustle to earn extra money. A few days back, a Metro News report said that a London-based banker earned Rs 7,000,00 by renting out two parking spaces in his home in Dalston, East London, for six years. He has fixed a monthly rent of ₹ 10,000 for his vacant place.
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