Tuesday, 21 October 2014

Research Reveals Tenant Debt Is Widening Income Divide

Research into the impact of financial and economic changes on households has uncovered a widening income disparity between tenants, with additional debts reducing financial resilience for those at the bottom end. The longitudinal research project – Challenging Times, Changing Lives – follows 20 tenants, including single people and couples, over three years, to assess how people are coping with austerity measures, including changes to welfare benefits. The fourth report, in a series of six-monthly updates, reveals the lowest income group is experiencing a greater struggle than previously reported.  This group has taken on more debts to cover sudden and unforeseen changes in benefit entitlement and the deepening impact of the bedroom tax. Read more on the Riverside website.

No comments: