Monday, 13 April 2020

Coronavirus: Renters ‘More At Risk From Economic Downturn’


Renters are likely to be hit harder than homeowners from an economic downturn during the coronavirus crisis, a think tank has warned. The Resolution Foundation said homeowners were “relatively well protected” compared to previous slumps. But renters were more likely to work in affected industries and spend more of their income on housing, it added. The government said it was taking "unprecedented action" to protect people during the virus outbreak. Read more on the BBC website.

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