Section: Affordable Housing

Election manifestos need to tackle Britain's high, unequal housing-costs

Posted 11.11.19
The Resolution Foundation: Further reading

In a new analysis just published, the Resolution Foundation warns that higher housing costs have reduced incomes and increased inequality as the poorest families have borne the brunt of Britain's 40-year housing crisis.

The research - Inequality Street - notes that the housing crisis is centred on low home ownership, high housing costs and a particularly acute disaster for low-income families.

The report notes that the burden of rising housing costs has fallen more heavily on those families with lower incomes. In 1980, the poorest families spent 15p of every £1 of income on housing. Today it has more than doubled to 40p.

It also concludes that higher social rents, more private renting and declining support from housing benefit have been a major living standards headwind for Britain's poorest families over the past 15 years, wiping out 90% of all income gains since the early 2000s.

The Foundation says it is vital that the parties' elections manifestos recognise that tackling housing crisis requires action to help lower income families who have been at its sharp end in recent years.

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Updated 12.11.19

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