More than two fifths for adults under 35 say rising rent prices are forcing them to put their lives on hold.
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A quarter of people in England say insecure housing has led them to put their lives on hold.
A poll by housing association, the Hyde Group has found that this figure rises to more than two fifths for adults under 35.
Research conducted by Rightmove last year found that the average rent price in London has reached £2,500 per month in London.
This is notably higher than any other part of the country, and is set to worsen in 2024.
Sam Richards, a former Downing Street adviser and founder of pro-growth think tank Britain Remade, said: “The amount that people are having to pay for rent, especially in London, is simply out of control.
“It is astonishing that the rent paid for a one-bedroom flat in the capital will get you a three-bedroom home in the rest of England.”
Andy Hulme, chief executive of the Hyde Group, said: “When more than four in 10 adults aged under 35 are telling us they are putting off starting a family because they aren’t sure where they can live, the main political parties have to start listening.
“Millions of people across the nation are putting their lives on hold because they are trapped by our national housing crisis, which we’ve failed to tackle for decades.”
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Headline‘Out of control’ rent prices force Londoners to ‘put their lives on hold’
Short HeadlineLondon's soaring rent prices delay life decisions
StandfirstMillions of people are delaying making big life decisions because of historically high rent prices in London, according to housing association.
A quarter of people in England say insecure housing has led them to put their lives on hold.
A poll by housing association, the Hyde Group has found that this figure rises to more than two fifths for adults under 35.
Research conducted by Rightmove last year found that the average rent price in London has reached £2,500 per month in London.
This is notably higher than any other part of the country, and is set to worsen in 2024.
Sam Richards, a former Downing Street adviser and founder of pro-growth think tank Britain Remade, said: “The amount that people are having to pay for rent, especially in London, is simply out of control.
“It is astonishing that the rent paid for a one-bedroom flat in the capital will get you a three-bedroom home in the rest of England.”
Andy Hulme, chief executive of the Hyde Group, said: “When more than four in 10 adults aged under 35 are telling us they are putting off starting a family because they aren’t sure where they can live, the main political parties have to start listening.
“Millions of people across the nation are putting their lives on hold because they are trapped by our national housing crisis, which we’ve failed to tackle for decades.”
