House prices and rents have risen to the point where they now account for 29% of the average household’s monthly income, according to research by Shelter and YouGov.
Some 44% of the households surveyed for the research said they had cut back on buying essential food or clothing in order to meet mortgage or rent costs, while 9% had skipped meals.
The figures are a sharp reminder of the tough choices working families are having to make, Shelter’s chief executive, Campbell Robb, said.
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