Property News · March 9, 2017

Rents are 'out of step' with incomes, housing body warns


Rics says vulnerable tenants are being pushed out of the housing market as benefit cuts and rising costs make rents unaffordableVulnerable tenants are being pushed out of the housing market as cuts to benefits and rising costs mean rents are “increasingly out of step” with household incomes, a leading industry body has warned.The Royal Institution of Chartered Surveyors (Rics) said those on low incomes faced further difficulties as its members were predicting that rents would rise by more than 20% over the next five years. Continue reading…

Source : theguardian.com
Read more…Rents are ‘out of step’ with incomes, housing body warns

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