What does the cryptic crossword clue "Begrudges housing costs around London area (7)" mean?

The definition is "Begrudges". The wordplay uses a container (one word inside another). SE (synonym="London area") in RENTS (synonym="housing costs") = RESENTS; definition: "Begrudges" The answer is RESENTS.

Begrudges housing costs around London area (7)

Times Cryptic #28559 | 10 Across | 2023-03-24 flower

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