Friday, 10 October 2014

Middle Income Earners Forced To Rely On Housing Benefit

The housing crisis is hitting middle-income earners at a shocking rate, with those relying on housing benefit to keep their home in spite of being in work rising by 350,000 since 2008 – a rate of over 58,000 a year, the NHF has revealed. New research from the report Broken Market, Broken Dreams, shows that middle-income households earning between £20,000 - £30,000 a year accounted for two thirds of all new housing benefit claims during the last six years, as the struggle to afford a home gets tougher.  With the proportion of households having to claim housing benefit despite being in work doubling to 22 per cent since 2008, the NHF predicts that this figure could rise to one in three in the next five years.  Read more on the NHF website.

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