Money, money, money: housing costs are annihilating low-income budgets

Housing costs take up three-and-a-half times as much of the budgets of the poor as of the rich, with significant implications for their standard of living, according to a new report. The report from the Institute for Fiscal Studies (IFS) found that the poorest quarter of the population on average spent 21% of their household … Continue reading Money, money, money: housing costs are annihilating low-income budgets