Share

Housing And The ‘Just About Managing’ Classes

The key thing is how affordable these will be for those in the ‘JAM’ group. We know shared ownership doesn’t tend to work very far down the income scale. Or new research, which you can see below in map form, shows the most affordable of these products – Affordable Rent – can work for low earners in half of the country. But, crucially, in the really high cost areas (South East, London, South West and the East of England), it won’t be affordable to low income households, because it’s linked to market rents and market rents are simply unaffordable in those areas.

Article source: http://www.huffingtonpost.co.uk/steve-akehurst/autumn-statement_b_13175416.html?utm_hp_ref=uk-politics&ir=UK+Politics