All housing is affordable with no household spending more than 30% of their net household income on rent or a mortgage
All households spend no more than 30% of income after tax and any benefits on housing
Why the contribution is important
High housing costs creates adverse social and economic costs including poor choice of local housing for those working in B&NES, the stress and health impact of housing insecurity from problems meeting housing costs. Lower housing costs means more income available for home improvements including retro fit measures to achieve zero carbon warm comfortable homes well adapted to the circumstances and lifestyle of the occupiers. More household disposal income will permit other quality of life and leisure opportunities and benefit the local economy more widely and create local jobs.
by Chrismordaunt on January 06, 2021 at 10:34PM