Monday, 24 March 2014

Housing is unaffordable for most people in normal jobs

Housing is now unaffordable for most people in normal jobs

To download the full pdf click here

Explaining the data:
Average housing costs are calculated using the Valuation Office Agency private rental market statistics, plus data on energy and water bills from the Department for Energy and Climate Change and Ofwat.Gross incomes are calculated using pay data from Government sources. These include the NHS Careers website, the government teaching careers website and the annual survey or hours and earnings. Income tax, national insurance and council tax for Band A properties net of 25% single person’s discount (taken from a Department for Communities and Local Government report) are all considered. 


No comments:

Post a Comment