Rapid rent rises combined with frozen housing benefits are set to push more people into crisis if Labour does not act, a damning new report has warned.
The affordability gap between rental prices and support for low-income tenants is set to reach a record 17 per cent next year, findings from the influential Resolution Foundation show. This represents an average shortfall of £104 a month – or just over £1,200 a year – as households are forced to face rising debt or homelessness.
