The cost of living crisis has proven to be detrimental to the residents in Bournemouth.
The increase in energy and water bills has meant homeowners are struggling to find enough money to pay each month.
A latest poll by Shelter, conducted by YouGov found that three in 10 reported being behind or constantly struggling to pay rent.
However, tenants are not the only ones struggling; landlords are being forced to increase rent due to varying rising costs.
John Brookes, a landlord from Bournemouth expressed his thoughts on the current cost of living crisis.
“It’s hard for all especially for students who don’t have a lot and live away from home. Somethings are not accessible to them as they are for families and people on universal credit.”
The centre for economics and business research has forecast that nearly one in 10 tenant households will fall behind on rent this financial year.
Mr Brookes has felt the effects of the current living crisis in Bournemouth.
“I have no choice as a landlord but to raise my rent prices to students with the pound dropping and mortgage prices rising.” Mr Brookes added.
“I have to cover all costs that benefit me as a landlord and a family provider, if I don’t then I have to look to sell which means less accommodation for students.”
Landlords have also just gotten over the struggle of COVID and the difficulties faced with university being predominantly online so the rising living prices have not made it any easier.
“I find with the bad few years we’ve had with COVID it takes a little longer to fill the houses I have, especially with students.”