4 ms·
> They weren’t cheap, either: About 25% of a tenant’s wages went toward monthly rent This obviously a lot to pay for such miserable housing, but it’s also sign
by truculent 2y ago
> They weren’t cheap, either: About 25% of a tenant’s wages went toward monthly rent
This obviously a lot to pay for such miserable housing, but it’s also significantly less than private renters currently pay in the UK[1]:
> Excluding housing support, the average proportion of income spent on rent was 37% for social renters and 45% for private renters.
I’m not trying to suggest the current situation is as bad as early C20 Vienna. Thankfully, such poor conditions are not, to my knowledge, widespread. I imagine other needs like food and clothing are more affordable than they were then.
However, it does point to how expensive things have become. If we removed some regulation, would housing be pushed further towards cheaper but substandard dwellings?
I don’t think housing at 25% of low-income exists in the UK. If we extrapolated from the current, more expensive housing options, how different would 25% housing be from those in Vienna?
[1]: https://www.gov.uk/government/statistics/chapters-for-english-housing-survey-2023-to-2024-headline-findings-on-demographics-and-household-resilience/chapter-2-housing-costs-and-affordability https://www.gov.uk/government/statistics/chapters-for-englis...