While tenure change often captures the headlines, an even greater problem threatening day-to-day living standards is the pressure from housing costs on family finances. The data in this section shows rapid increases in the share of income that housing costs took up prior to the financial crisis. It also sets out what this change means for housing-cost-to-income ratios across age groups and cohorts.
Notes
Financial years after 1993 (so 1994 refers to 1994-95). Excluding principal repayment and 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
Financial years after 1993 (so 1994 refers to 1994-95). Excluding principal repayment and 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
Excluding principal repayment and 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
Excluding principal repayment and 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)