Inflation and young people: ’The thought of things going up is scary’
With inflation continuing to rise, young people in London are feeling the pinch now more than ever. In a national poll, conducted by SpareRoom at the beginning of 2022, involving more than 11,000 people, London came out at the bottom with just 37% of Londoners saying they felt their rent was affordable.
There is also a gender gap, with 1/3 women in London saying they spend more than 50% of their salary on rent, compared with 1/4 men.
This results in young professionals like Jenna and David trying to find alternatives to meet their daily costs.
Gem O’Reilly reports
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