Revealed: The cost of renting in Scotland



Renters in Scotland spend almost a quarter of their income on housing costs, the latest official statistics show.
Social rented households in Scotland spent an average of 24% of their net income on housing costs between 2013/14 and 2015/16, according to the Social Tenants in Scotland report.
This compares to 25% for private renters, 9% for owners with a mortgage and 3% for those who own their home outright.
READ MORE: Housing First scheme needed
The report found just under a third (32%) of social rented households in Scotland spent more than 30% of their net income on housing costs over the... read more

 
13 February 2018 in Politics, Views: 40
Source: Scotsman
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