Wednesday, 1 February 2017

Growth Of Private Sector Renting And Poverty 'Closely Linked'

Is the story about poverty and housing now dominated by the problems of the private rented sector? The number of people living in poverty in the private rented sector has doubled in the past decade. Furthermore, most people in poverty in the private rented sector and owner occupation are in working families. The key statistics are: in 2014/15, the latest for which official poverty statistics are available, there were 4.5m people in poverty living in each of the three housing tenures, namely, the private rented sector, the social rented sector and owner occupation. Our 2016 poverty report showed that far more low income households in the private rented sector face what could reasonably be called “high” housing costs. Read more on the CIH website.

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