Taxpayers face a multi-billion pound bill as they try to
keep a roof over the heads of more middle-aged and older renters priced out of
the property market. Soaring house prices have left many middle-aged renters
without a chance of getting on the property ladder. The proportion of people in
the 35-44 age group privately renting has doubled from 13 per cent in 2007 to
26 per cent last year, the Office for National Statistics said. The percentage
of 45 to 54-year-olds renting rose from 8 per cent to 14 per cent over the same
period. Failure to tackle the housing crisis will push the housing benefit bill
up to £16bn by 2060. Read more on the Politics Home website.
https://webcache.googleusercontent.com/search?q=cache:Hk1ifRx8J7kJ:https://www.politicshome.com/news/uk/communities/housing/news/95121/housing-benefit-bill-set-double-taxpayers-more-oaps-rent+&cd=4&hl=en&ct=clnk&gl=uk&safe=vss
‘It’s like winning the lottery’: the mobile home owners buying the land
they live on
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Residents of manufactured housing parks typically own their homes – but not
the parks themselves, which can be incredibly lucrative. Now some residents
a...
12 hours ago
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