Migration – Half see no rise in living-standards

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Half of working Britain has seen no rise in living-standards

Over half of households across the working age population have seen falling or flat living standards – equivalent to almost 11 million households

Two-thirds of the growth in average working age income has been wiped out

More than all of the growth in private renter income has been wiped out

The same is true for households headed by someone aged 25-44 who will also have seen all of the growth in average income wiped out

The share of income spent on housing has risen by almost a third

Not just a southern problem. It finds that the North is catching up with the South – Scotland, the North West and the East Midlands have all experienced sharper increases in housing costs as a proportion of income than the South East and South West.

Not to mention the lack of school places, increased waiting times at hospitals, reductions in social housing availability, increased competition for limited employment opportunities, ect.

http://www.resolutionfoundation.org/media/press-releases/half-of-working-britain-has-seen-no-rise-in-living-standards-since-early-2000s/

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