Tuesday, 2 February 2016

Council Tenants' Rents 'Rise Four Times Quicker Than Average Wages'

Council house tenants have seen their rents rise four times quicker than average wages in the past five years, outstripping even the private sector and putting greater pressure on the country’s welfare bill. The average weekly rent for a council house in England rose by 27 per cent between 2010-11 and 2014-15, up from £67.83 to £85.89 per week – an increase of £939 in annual rent – data from the CLG shows. This was roughly four times faster than wage growth, with average weekly earnings in Great Britain rising barely 6 per cent over the same timeframe. It has also been more than 50 per cent faster than the rise in council rents during the previous five-year period. Read more on the Independent website.

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