Posted 12.05.17
Sheffield Hallam University: Article link
Young people in low-paid, insecure jobs are being locked out of all housing options in the south east, including social housing, a new report has revealed.
The research, undertaken by the Centre for Regional Economic and Social Research (CRESR) at Sheffield Hallam University, on behalf of CASE, a group of ten south east-based housing associations, has revealed that more than half of people under 35 cannot afford the cheapest private rents in the south east. This rises to 76% for under 25s.
And, from 2019, a policy called the Shared Accommodation Rate (SAR) will be extended to include up to 35 year olds in social housing, capping their Housing Benefit.
The report, called Capping Aspiration: The millennial housing challenge, found the cap will affect nearly all under 35s living in social housing in the south east.