Quote: Oldrocker @ 5th January 2014, 8:10 PM GMThttp://www.insidehousing.co.uk/regulation/right-to-buy-discount-to-increase/7001457.article
That helps enormously.
It's just a further symptom, the high rents and lack of housing really began to kick in after 1994 when the EU borders were freed up. You can't dump an extra million people - immigrant, legal, illegal, asylum seeker, Northerners, etc. into a city in the space of a few years and expect the infrastructure to remain intact.
In the past, Landlords had to take on benefit claimants as they had no one else to rent to, now the market is saturated with potential tenants, it's a sellers market.
The drop in first time buyers due to the global financial crisis and the reluctance of the banks and mortgage companies to lend to the public also doesn't help.