Apparently the poor will all be taking advantage of that liberty also available to the rich, sleeping under bridges:
More than a million households living in private rented accommodation are at risk of becoming homeless by 2020 because of rising rents, benefit freezes and a lack of social housing, according to a devastating new report into the UK’s escalating housing crisis.
The study by the homelessness charity Shelter shows that rising numbers of families on low incomes are not only unable to afford to buy their own home but are also struggling to pay even the lowest available rents in the private sector, leading to ever higher levels of eviction and homelessness.
Clearly not desirable but is it actually true? ONS keeps an index of rents.
Private rental prices paid by tenants in Great Britain rose by 1.8% in the 12 months to May 2017; this is unchanged from April 2017.
But note that this is nominal. Inflation more generally for that 12 months was 2.9% wasn't it? It's true that we are seeing real wages falling as they seem to be running at about 2.5% nominal. But if rents are rising more slowly than general inflation, more slowly than nominal wage rises then that must mean that rents are falling in real terms.
Falling rents and rising rents are not compatible findings of evidence, are they? And as ONS says about London the reasons why rents are falling are:
Growth in private rental prices in London continues to slow, increasing by 1.3% in the 12 months to May 2017, down from 1.4% in April 2017. New build constructions, buy to let investors and accidental landlords have led to high levels of stock available to rent in the capital according to Savills. This view is supported by Countrywide, who report that rental stock was growing at a faster rate than demand in London, pushing down rents.
We would not claim that this is something that is solved. But at least some of the things that need to be done to solve it seem to have been done. There's more housing stock on the market and given that markets do actually work this is reducing prices in real terms. But it does appear that at least some of the things needed to solve the problem have been done because the numbers are moving in the right direction to solve the problem.
Far from the imminent disaster predicted by Shelter we seem to be retreating from said disaster.