Low-income tenants are now spending an average of 28% of
their wages on rent, up from 21% in the mid-1990s, new research indicates. They
have been hit by substantial cuts to housing benefit, with government support expected
to fall "further and further behind" the cost of housing, says the
Institute for Fiscal Studies. Over the same period of time, the proportion of
people renting homes privately has increased from 8% to 19%. Average private
rents have gone up 33%. Download the report from the IFS website.
Across Europe, the financial sector has pushed up house prices. It's a
political timebomb | Tim White
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We’ve been living in a great experiment: can finance provide basic human
rights such as housing? The answer is increasingly no
“The housing crisis is now...
18 hours ago
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