IFS: Rising Affordable Rents Have Driven Increase In Poverty

Rising affordable rents have been “a key driver” in a rise in relative poverty in the UK over recent years, a report from the Institute of Fiscal Studies (IFS) has found. Average housing costs for low-income families with children, it found, have risen four times faster than for middle-income families. The report added that “a key driver” of this change has been the recent increases in what it called “social rents” but which the researchers clarified meant “rents paid by households that live in council housing or housing provided by a housing association”. Read more on the IFS website.

https://www.ifs.org.uk/publications/13075