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Monday, July 15, 2019

Young key workers in London spend more than half of pay on rent

Harder for teachers, nurses and police to keep pace with England’s housing costs – PwC

London and the southern regions of England are facing a dearth of teachers, nurses and police officers as rising rents make housing in large parts of the UK unaffordable for key public sector workers.

A report by the consultancy firm PricewaterhouseCoopers said there was an urgent need to increase the supply of homes after it found that the failure of public sector pay to keep pace with soaring housing costs had made it increasingly hard for workers on modest incomes to make ends meet.

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from Property | The Guardian https://ift.tt/2lBo153
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