Squeezed out
Posted: October 31, 2012 | Author: julesbirch | Filed under: Economics, Labour market, Mortgages, Private renting, Social housing |Leave a commentHousing is the big thing missing from today’s major report on living standards from the Resolution Foundation.
The final report of its Commission on Living Standards looks at the plight of low and middle income families. Things were bad even before the crash with average incomes falling by £570 between 2003 and 2008 as growing inequality meant that prosperity was not shared around. The gap was only made up by a £730 a year increase in tax credits.
Read the rest of this post on Inside Edge, my blog for Inside Housing
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Jules Birch 