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'Greedy landlords are cashing in and forcing us out of town'

BBC Business LogoBBC Business4d ago

'Greedy landlords are cashing in and forcing us out of town' - BBC Business

Quick Summary:

Some locals say rent hikes prompted by an influx of construction workers are pricing them out.

Ms Ashford says: "My whole life depends on me being here, but the greedy prices and extortionate rents are affecting the rest of the market."I feel very angry and I think what is happening in Leiston is criminal.

She rents a one-bedroom flat that her landlord, with whom she has a "good relationship", is looking to sell within the next few years."I really love living here and I don't want to leave, because then I will just be running around like a headless chicken, looking for somewhere affordable," she says."I did see a one-bedroom flat the other day but it was going for [nearly] three times as much as what I am paying now.


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Article Details

Category: Business

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-31 @ 00:42:45 (4 days ago)

News Timezone: GMT +0:00

News Source URL: bbc.com

Language: English

Article Length: 1796 words

Reading Time: 10 minutes read

Sentences: 55 lines

Sentence Length: 33 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BBC Business

News ID: 27546716

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About BBC Business

BBC Business Logo

Main Topics: Business

Official Website: bbc.co.uk

Update Frequency: 6 posts per day

Year Established: 1922

Headquarters: United Kingdom

News Last Updated: 10 hours ago

Coverage Areas: United Kingdom

Ownership: Independent Company

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #43

Publisher Details

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The story "'Greedy landlords are cashing in and forcing us out of town'" was covered 4 days ago by BBC Business, a news publisher based in United Kingdom.

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  • URL: https://beamstart.com/news/greedy-landlords-are-cashing-in-17436193895281

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