Vulnerable tenants are being pushed out of the housing
market as cuts to benefits and rising costs mean rents are “increasingly out of
step” with household incomes, a leading industry body has warned. The Royal Institution
of Chartered Surveyors (Rics) said those on low incomes faced further
difficulties as its members were predicting that rents would rise by more than
20% over the next five years. Rics said around a third of members it had polled
thought homeless people and those on housing benefits had seen their access to
rented properties fall. A key reason cited by respondents was cuts to
government support for housing costs. Download the survey from the RICS
website.
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