For renters, housing-cost-to-income ratios typically include housing benefit in both the measure of income and the measure of housing costs. Over a shorter time period, a more accurate reflection of the true impact of housing costs on incomes for renters is provided by a measure that is ‘net’ of housing benefit on both counts. This reduces housing-cost-to-income ratios, but less so more recently. The data in this section explores housing-cost-to-income ratios for renters on these different measures.
Notes
Financial years after 1993 (so 1994 refers to 1994-95). All renters includes housing benefit in both incomes and housing costs.
Source
RF analysis of IFS, Households Below Average Income (1961-91); DWP, Family Resources Survey (1994-latest)
Notes
Financial years after 1993 (so 1994 refers to 1994-95). Including housing benefit in both incomes and housing costs.
Source
RF analysis of IFS, Households Below Average Income (1961-91); DWP, Family Resources Survey (1994-latest)
Notes
‘All renters’ includes housing benefit in both incomes and housing costs.
Source
RF analysis of IFS, Households Below Average Income (1961-91); DWP, Family Resources Survey (1994-latest)