Economy · World
Thinktank Warns of Housing Cost Crisis for Low-Income Families
A UK thinktank, the Resolution Foundation, has warned that over 1.1 million low-income families in rented accommodation are facing a significant "cost of housing" crunch. The foundation is urging Chancellor John Healey to unfreeze housing allowances in the upcoming budget. They estimate that a typical household renting a two-bedroom property could face a weekly shortfall of £158 due to rising rents. The warning highlights a potential crisis if no action is taken.
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- Left (2): Daily Mirror, The Guardian