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David Cameron has been blasted for saying he worries about his kids being able to afford a home – after earning an estimated­ £500,000 in rent while premier.

Shadow housing minister John Healey said of his comments: “If he thinks his kids have a problem buying a home, he should take a moment to think about what life is like for everyone else.”

Since moving into Downing Street in May 2010, the PM has been renting out his luxury home in fashionable Notting Hill.

A similar house in a neighbouring street is rented for £1,750 per week.

At that rate over the past 67 months, he would have got more than £500,000.

Read more:Is THIS why the Tories refused to force landlords to make homes fit for humans?

But asked on LBC Radio whether he feared his children would be shut out of home ownership, the Eton-educated Tory said: “I absolutely worry about it.

“I want this to be a country where, if you work hard, you should be able to own a flat or house.”

The PM’s Housing Bill , currently passing through Parliament, contains plans for a mass sale of social homes and an end to life tenancies for those in council housing.

Meanwhile, developers will be allowed to build flats of up to £450,000 each instead of new social housing.

Mr Cameron even told his MPs to veto Labour plans to help first-time buyers and ban landlords from renting homes deemed unfit for habitation.

Mr Healey said: “Cameron and [Chancellor George] Osborne have shown no understanding of the housing pressures facing millions.”