{"componentChunkName":"component---src-templates-post-js","path":"/renting-is-cheaper-than-buying/","result":{"data":{"ghostPost":{"id":"Ghost__Post__60c70ba86e4273003be1db71","title":"Renting cheaper than buying","slug":"renting-is-cheaper-than-buying","featured":false,"feature_image":"https://multiply.ghost.io/content/images/2021/06/463.png","excerpt":"Plus: freedom day delayed, women’s working hours increase, theatres soon to get state-backed insurance.","custom_excerpt":"Plus: freedom day delayed, women’s working hours increase, theatres soon to get state-backed insurance.","created_at_pretty":"14 June, 2021","published_at_pretty":"14 June, 2021","updated_at_pretty":"14 June, 2021","created_at":"2021-06-14T07:56:24.000+00:00","published_at":"2021-06-14T08:11:12.000+00:00","updated_at":"2021-06-14T08:11:12.000+00:00","meta_title":null,"meta_description":null,"og_description":null,"og_image":null,"og_title":null,"twitter_description":null,"twitter_image":null,"twitter_title":null,"authors":[{"name":"Annie Mellor","slug":"annie","bio":null,"profile_image":null,"twitter":null,"facebook":null,"website":null}],"primary_author":{"name":"Annie Mellor","slug":"annie","bio":null,"profile_image":null,"twitter":null,"facebook":null,"website":null},"primary_tag":null,"tags":[{"name":"#blog","slug":"hash-blog","description":null,"feature_image":null,"meta_description":null,"meta_title":null,"visibility":"internal"},{"name":"#feed","slug":"hash-feed","description":null,"feature_image":null,"meta_description":null,"meta_title":null,"visibility":"internal"},{"name":"multiply-minute","slug":"multiply-minute","description":"The 1-minute read to get the money news you need with expert adviser commentary","feature_image":null,"meta_description":null,"meta_title":null,"visibility":"public"}],"plaintext":"Rents falling\nIt’s cheaper to rent [https://www.bbc.co.uk/news/business-57464534] than to buy\na home for the first time in 6 years, according to Hamptons. The estate agent\nreckons that in March 2020, buyers with a 10% deposit would end up £102 a month\nbetter off on average by buying a home. But falling rents mean it’s now cheaper\nto rent a home in most of the UK.\n\nFreedom day delayed\nThe current coronavirus restrictions are set to stick around for another 4 weeks\nafter 21st June, as “freedom day” is pushed back\n[https://www.bbc.co.uk/news/uk-57464097]. Later today Boris Johnson is expected\nto confirm the delay to the next and final stage of unlocking. It means social\ndistancing measures will remain, and nightclubs will stay shut.\n\nWomen’s hours increase\nMore women are in full time wor\n[https://www.theguardian.com/business/2021/jun/14/women-working-more-hours-in-covid-crisis-than-first-thought-study-finds]\nk now than before the pandemic, bucking the trend for falling working hours. The\nResolution Foundation found that, on average, the employment rate among men has\ndropped 2.4%, and just 0.8% among women. The think tank reckons it’s because\nwomen dominate public sector jobs in health and education. Plus, whose without\nchildren are working an average of 5% more hours than before the crisis.\n\nShow can go on?\nTheatres are close to agreeing a deal with the government for state-backed\ninsurance\n[https://www.cityam.com/theatres-set-the-stage-for-state-backed-insurance-scheme/]\n. They say the scheme would allow shows, concerts, gigs, and festivals to go\nahead. A lack of insurance has been a major barrier to events restarting after\nlockdown, because no insurance companies are providing coronavirus cancellation\ncover.","html":"

Rents falling

It’s cheaper to rent than to buy a home for the first time in 6 years, according to Hamptons. The estate agent reckons that in March 2020, buyers with a 10% deposit would end up £102 a month better off on average by buying a home. But falling rents mean it’s now cheaper to rent a home in most of the UK.

Freedom day delayed

The current coronavirus restrictions are set to stick around for another 4 weeks after 21st June, as “freedom day” is pushed back. Later today Boris Johnson is expected to confirm the delay to the next and final stage of unlocking. It means social distancing measures will remain, and nightclubs will stay shut.

Women’s hours increase

More women are in full time work now than before the pandemic, bucking the trend for falling working hours. The Resolution Foundation found that, on average, the employment rate among men has dropped 2.4%, and just 0.8% among women. The think tank reckons it’s because women dominate public sector jobs in health and education. Plus, whose without children are working an average of 5% more hours than before the crisis.

Show can go on?

Theatres are close to agreeing a deal with the government for state-backed insurance. They say the scheme would allow shows, concerts, gigs, and festivals to go ahead. A lack of insurance has been a major barrier to events restarting after lockdown, because no insurance companies are providing coronavirus cancellation cover.

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