Private rental sector at its highest level since 1990's
The private rental sector has been growing in recent years and it is at its highest level since the early 1990's, figures from the Department for Communities & Local Government show.
The English Housing Survey explains that the number of private tenants, 3.84 million, now outnumbers the 3.8 million living in social housing. In 2011-12, around two-thirds (65%) of households were owner occupiers. Also, half of all private renters (1.9 million) were aged under 35 with 15% (577,000) aged 16 to 24 and 35% (1.3 million) aged 25 to 34.
February 8, 2013