Wednesday, 27 January 2010

Action Needed To Tackle Social Housing Inequality

A major study into economic inequality has said more must be done to tackle the wealth gap between social tenants and the rest of the population of the UK. The government-backed report, An anatomy of economic inequality in the UK, has found the median household wealth for social tenants is £18,000, compared with £270,000 for mortgagors, and £410,000 for outright owners. It also says a third of social tenants are in poverty, and only half of men and 42 per cent of women in social housing are in paid work, compared with 80 per cent of mortgagors. Find more details on the Inside Housing website.

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