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7:30 pm Housing Matters #5 // The Future of Rent
Housing Matters #5 // The Future of Rent
Mar 7 @ 7:30 pm – 9:00 pm
As housing ownership spirals out of reach of all but the wealthiest few, more people are renting for longer. In Oxford, the average person is now spending 55% of their income on rent, that’s too expensive. Renters include families, older people, and people with physical and mental health problems – groups that are ill-equipped to deal with the expense and precarity of the private rental market. Tellingly, a break down in a private rental agreement is now the single biggest cause of homelessness, responsible for over half of the cases in Oxford where a person has become homeless. Rent is