By 2011, how many households rented privately in London?

Prepare for the TPI Leasehold Management Level 3 Test. Study with flashcards and multiple-choice questions, each with hints and explanations. Get exam-ready!

In 2011, the private rental sector in London had grown significantly, reflecting various economic factors and shifts in housing policies. The figure of 343,000 households renting privately is indicative of the growing trend in urban areas where more individuals and families turned to renting as an alternative to home ownership. This number represents a substantial portion of the housing market in London during that period, highlighting the increasing reliance on private rentals for housing solutions, especially amidst rising property prices and economic conditions that made purchasing homes less accessible for many.

The other figures, while they may seem plausible, do not accurately capture the comprehensive growth of private rentals in London at that time. The increase in the number of households renting privately illustrates larger trends in the housing market, making the selected figure of 343,000 a more accurate representation of the rental landscape in London by 2011.

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