'I earn £36k but I can't afford to buy a house'
Daniel King, a 36-year-old HGV driver earning £36,000 annually in Cardiff, says he cannot afford to buy a house despite working long hours, as most of his income goes toward rent and living expenses. Housing charity Shelter Cymru reports that rising rents in Wales, especially in Cardiff, have made the private rented sector unaffordable for many, calling it a growing crisis. Both tenants and landlords face financial pressures, with calls for policy reform to address rental affordability and stability.
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'I earn £36k but I can't afford to buy a house'Just nowShareSaveAdd as preferred on GoogleIndia PollockWales social affairs correspondentBBCDaniel King says it is "impossible" to buy a house unless you inherit money and that hardworking people in their twenties and thirties are overlookedDaniel King grew up with the idea that if you work hard, get a good education and a job, you would be able to buy a house.However, despite working between 50 and 60 hours a week, he said saving for a deposit to buy a house on a single income was impossible and he was "trapped" in a private-rented flat.Research from housing charity Shelter Cymru said the private rented sector was unaffordable for most people in Wales.It said the only people who can confidently afford it were households with two full-time…
Excerpt limited to ~120 words for fair-use compliance. The full article is at BBC News — UK.