Housing crisis: Nurses and teachers priced out of UK regions by rising rents

Tenants in London aged 22-29 spent more than half of their income on private rents last year, according to The Independent.

Private rents are now unaffordable for workers on the median wage in London, the South East, South West and East of England, according to the report by PwC. Housing is considered affordable if it takes up 30 per cent or less of pre-tax income.

Millions of public sector workers received a pay rise last year but it was not enough to make up for eight years of austerity measures when salaries shrank in real terms.

“This is not only having an impact on social mobility, it will also hinder national productivity growth in the longer term by preventing people from moving to places in the UK where they can be most productive,” said Mr Hawksworth.

Read full article Housing crisis: Nurses and teachers priced out of UK regions by rising rents

Are you a trainee teacher, NQT, teacher, headteacher, parent or  just someone who cares about education and has something to get off  your chest in a Schools Improvement Guest Post? Follow this link for more details at the bottom of the page.

Don’t forget you can sign up to receive our daily email bulletin (around 7am) with all the latest schools news stories. Your details will never be given to anyone else and you can unsubscribe at any stage. Just follow this link.

We now have a Facebook page - please click to like!

 

Education: New school curriculum 'could widen achievement gap'
MP urges schools to ditch expensive, branded uniforms to help hard-up parents
Categories: Budgets and Data.

Let us know what you think...