The housing headwind: the impact of rising housing costs on UK living standards

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Housing, Wealth and Debt

This report explores the question of how incomes and housing costs have interacted over time. It asks a seemingly simple question: how affordable has housing been for different groups in the UK over the last two decades? Through this exercise, we show how housing costs have (or have not) contributed to living standards at different … Continued

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The Home Stretch: coping with high housing costs

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Housing, Wealth and Debt

Despite the strain that high housing costs cause, millions of people on modest incomes continue to live in high cost areas and are somehow coping. The Resolution Foundation report explores six ‘coping strategies’ – working more, increasing the term of a mortgage, getting help from friends and family, over-crowding, lowering standards and doubling up. It … Continued

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One foot on the ladder: how shared ownership can bring owning a home into reach

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Housing, Wealth and Debt

A major expansion of newly built shared ownership could help low and modest income working families across the country onto the property ladder, while keeping their housing costs affordable. One foot on the ladder shows that shared ownership – where buyers purchase at least 25 per cent of the equity in a home and pay a low rent … Continued

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Building Homes for Generation Rent

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Housing, Wealth and Debt

A low-risk income return of 4.7 per cent should be achievable for institutional investors putting money into the private rented sector – a move which could also help solve Britain’s housing crisis for families on modest incomes. Building Homes for Generation Rent identifies a £140 million property portfolio, made up of almost 800 rental homes around … Continued

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Home Truths: How affordable is housing for Britain’s ordinary working families?

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Housing, Wealth and Debt

One third of Britain is effectively off-limits to lower-income working families looking to rent a home privately because they can no longer afford a property in those parts of the country. An alarming new report, Home Truths, is the first to give a comprehensive assessment of where less affluent families can reasonably afford to live, … Continued

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