Friday 19 July 2013

Renting Home In Big City Becoming Harder and Harder Gradually



With every tick of clock, demand for home on rent increased and in this situation renting home is becoming worst to attain and have in any area of the city. Accommodation for a person in UK has become a headache. Especially people who are living outside in other cities or force to live away from their homes just for the sake of good earning or even for higher education, anyone can afford living in such big cities on their own. The cost, which they have to pay for getting a proper accommodation, is higher than their thoughts. The cost of living on a huge level increase in renting expenditures and the prices of the properties are unimaginable. Home, is an essential part of the life not an exception, so the situation of living get worse and people are forces to pay higher for mere living. 

 According to the news, the numbers of the people renting currently in UK have increased to a new high and this is growing by the time. The main reason of this increase is the migration, which people do for their good earning and getting higher education. Rate of migration from small cities to big cities is higher because people migrate from their birthplace to get higher education. Accommodation problems rises when student want to live in nearby their study Ares. Yes, cities like Leeds, are interested areas in city for students, they want to get a proper accommodation in this but many time situation of the city disappoint them. Accommodation for students in Leeds have value because many of them move their because of their educational importance and got admitted in many of its universities but living become problem for them
Here we have a survey report, which can give you complete picture of such miserable situation of buying or renting home in UK.  Followed by the reports and surveys’ predictions, the analysts have predicted that if today a 21-year-old person starts saving five cents per day from the salary, he would become capable of purchasing a property for him by the time he gets to the age of 52 years. It would take around 30 years and more to be able to purchase accommodation for one’s own self in UK. Unable to buy homes has aroused a sense in people to get a home or accommodation for rent. 

Renting homes is now very common practice in all groups of people and people want to get a home on rant as per their own desires and wishes, which is now again becoming a propel because of ever-increasing rents of homes and flats. The life of the tenancy in UK is no more than 18 months. This factor has led to a new type of problem that has developed slowly but now the issue of renting homes for living has grown into a huge level and becoming the hot issue to discuss at every level of the policy making and planning. The case has been a problem for the incoming students from all over and professionals.

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