Young people, private renters and those living in London are getting the least bang for their buck when it comes to housing.
Notes
Housing cost is gross of housing benefit (i.e. before any deductions for housing benefit) and no principal. We deduct the principal from the housing costs of mortgagors because, in contrast to the interest paid on a mortgage, it is not a payment for housing services but instead a form of wealth accumulation. Data is in fiscal years i.e. 2008 represents 2008-09 fiscal year.
Source
RF analysis of DWP, Households Below Average Income; English Housing Survey.
