4 In 10 Young People Are Now Paying Unaffordable Rent
income on rent than any other age group, according to new data. An extensive new study from Dataloft, an agency that analyses the housing market, found that four in ten young people are now spending more than 30% of their pay on rent. According to the BBC, with whom Dataloft shared their data based on responses from 150,000 young people, experts warn that this level of spending on rent is unaffordable.