Link Loving 02.06.11

June 2, 2011 § Leave a comment

  1. Median wages flat-lined and disposable incomes fell in every English region outside of London, despite economic growth of 11%
  2. Housing costs continued to hit hard as 30% of low to middle income first time buyers relied on a 100% mortgage in 2009, and the proportion renting trebled from 1988 to 2008 as house prices moved out of reach.
  3. Since 2006, those on low to middle incomes also faced as much as a 1% higher inflation rate on their cost of living than higher earners.

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