|
|
| 19/07/2012 |
UK Housing Third Least Affordable In Europe |
|
Families in the UK are among the worst off in Europe when it comes to housing costs.
One in six people in the UK (16.5%) are overburdened by housing costs, according to findings published by the European Union.
This means they are spending more than 40% of their income on costs such as rent, mortgage payments and other living costs associated with their home.
The UK has three times as many people weighed down by housing costs than nearest neighbours France, where only 5.2% report they are overburdened.
Housing in the UK is so unaffordable that out of 29 EU countries analysed, only Denmark and Greece reported being worse off, placing the UK third from bottom for affordable housing costs.
- - - - - - Advertisement - - - - - -
"With so many families spending huge amounts of their income on their rent or mortgage, people will be making daily trade-offs between food bills, filling the car tank with petrol, and paying their housing costs.
"And this is not set to get better any time soon. While the situation is bleak at the moment, a succession of governments failing to provide much needed affordable homes means that the future facing our children and our children's children is only set to get worse.
"Housing is the largest monthly cost for most people, yet the affordability of housing is not getting the same attention as the monthly costs of other essentials such as food or fuel. We believe all political parties must recognise solving our housing crisis is as fundamental as health and education."
(CD/GK) |
|
|
| Top Stories |
| 21/05/2013 |
| Mansell To Construct A Community Hospital |
|
| 21/05/2013 |
| ISG Secures New Projects Worth £50m |
|
| 21/05/2013 |
| Willmott Dixon Completes New Council Office |
|
| 21/05/2013 |
| Morgan Sindall Starts Work On Extension Project |
|
| 21/05/2013 |
| Mace Scoops £1bn Contract |
|
| 21/05/2013 |
| Work To Begin On New Link Road In Taunton |
|
| 21/05/2013 |
| Council Civic Office Wins Award |
|
| 21/05/2013 |
| Firm Fined After Worker Suffers Horrific Injuries |
|
| 21/05/2013 |
| First Ever Temporary Covered Tennis Court Created For Brodies Champions Of Tennis |
|
| 20/05/2013 |
| Botched Jobs Account For Quarter Of Work |
|
|
| Construction News Archive |
| Submit News Story |
| Editorial Staff |
|
 |
