People who rent privately in Haringey are now paying more than half their income in rent.

The figures obtained from the House of Commons Library show that the average income per-week for full time employees in the borough is £574.60 while the average private rent stands at £288.50 per week, slightly more than 50 per cent.

The figures are compiled before tax is deducted, meaning that in reality people are paying more than half their income in rent.

Alex Hilton, director of Generation Rent, said: “With rents so high it’s becoming impossible for native Londoners and newcomers alike to make a life for themselves in the capital.

“London will start seeing a brain drain and that will cripple businesses with rising wage pressures, damaging the city and the UK economy as a whole.

“London’s renters need action from politicians, and fast.’

According to the census around 17,000 people, a third of those living in Hornsey & Wood Green, rent their homes.

By 2021 this is projected to increase to nearly 22,000.

Catherine West, Labour Candidate for Hornsey & Wood Green, said: “These figures confirm the extent of the housing crisis in Hornsey & Wood Green and across London.

“With people now paying half their income on rent many will soon be forced to leave our area, leaving only the rich able to live here.

“It would be a scandal if teachers, nurses and other professionals were forced out of the constituency.

“Now more than ever, we need action to give renters longer, more secure tenancies and put a cap on soaring rents.”