The big problems for everyone - on benefits or not - are:
immigration increasing demand for housing
Social house building collapsed to virtually nil after 1999.
High demand for housing has meant house prices have kept rising.
Housing beenfits actally keep house rentals high
A recent study in shows rental returns are best where the Housing Benfits is highest
tinyurl.com/axcgw32
"Figures from Zoopla.co.uk, the property search website, show that the cities offering the
best rental returns are Liverpool, Hull, Coventry and Middlesbrough. Reflecting the
widening of the North-South divide, house price falls in these locations have been deeper
than the average; there are also more homeowners struggling with their mortgage
repayments.
In those regions, mostly in London and the South East, where house prices have
remained more resilient, rental yields are lower."
Edited by madf on 31/01/2013 at 14:29
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