New analysis explores where in the country people in
different jobs can afford to rent and buy in the face of spiralling housing
costs. It shows how house prices in England more than doubled (+120%) between
2002 and 2016, while salaries only increased by 38% during the same period.
This widening gap highlights how disproportionate house prices have now become
to earnings to England, especially for those working in low-income roles. The
report identifies three occupational groups (elementary workers, customer
service workers and caring/leisure workers) whose experience of the housing
market is characterised by a distinct lack of choice. Read more on the NHF
website.
No comments:
Post a Comment