Property News · December 17, 2023

The good news: wages are rising for Britons. The bad news: so is the cost of housing | Torsten Bell


Whether you own or rent your home, keeping a roof over your head is getting more expensiveInflation is down. The rate of annual price rises fell to 4.6% in October, from double digits back in March. As Rishi Sunak reminds us, inflation has been halved. Some Conservatives may wonder why they’re not getting much credit: Labour’s poll lead has not dropped during 2023. It shouldn’t.Lower inflation means lower price rises, not lower prices. Our latest Resolution Foundation survey of the British public found that almost four in 10 think their financial situation has got worse since the summer – twice the share who think that it has improved. Continue reading…

Source : theguardian.com
Read more…The good news: wages are rising for Britons. The bad news: so is the cost of housing | Torsten Bell

You may also like...