Mortgages and high rents now consume 20 per cent of the typical weekly budget for most Britons, as compared to just 8.7 per cent 50 years ago, according to new figures. The findings, part of the Office for National Statistics’ Family Spending report, a one off study, showed that, when insurance, maintenance and water are included, housing accounts for 25 per cent of the typical household budget.
29/01/08
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