Families In Rural Areas Are Spending Nearly A Third Of Their Income On Rent

Families in rural areas are spending nearly a third of their income on rent, research by the Institute of Public Policy Research (IPPR) has revealed. In a report to mark Rural Housing Week the IPPR found there is an affordability “crisis” in rural areas where the average house price is £320,700, more than £87,000 higher than the urban average outside of London. The IPPR analysis also found the population in rural areas is set to age rapidly over the next two decades. Between 2014 and 2038, the working-age population in rural areas is projected to decline by 75,000 people while the population aged over 65 will grow by around 1.5 million. Read more on the IPPR website.

https://www.ippr.org/research/publications/a-new-rural-settlement