Generation Rent? - What is it and how has this happened?

Generation Rent? - What is it and how has this happened?

Generation Rent is the term used to define a particular demographic in our society that, due to high house prices and rents, are unable to save for their first home. They are those who are currently trapped in the Private Rented Market, struggling to save for their first deposit due to relinquishing a large proportion of their income on rent each month. They are those who are left to await the impending wave of wealth inequality that will reward those who were fortunate to have the economy on their side when they bought and it will punish those who do not have that privilege for no fault of their own.

Why Blog?

Why Blog?

First post… so what is this about?

At RenKap we are here to help those who have been locked out of the housing market by soaring house prices and sky high rents. We want to empower those forced to become “Generation Rent”, who have been let down by the lack of house building by successive governments in the UK.