Submitted by Administrator on Thu, 13/10/2016 - 12:02
Drawing on household income distributions, this pilot study by Chihiro Udagawa and Paul Sanderson estimates the localised impact and scale of the new proposed 'Pay to Stay' policy in two contrasting regions - London and the West Midlands.
The Pay to Stay policy requires English local authority landlords to charge market (or quasi-market) rents to tenants on higher incomes.
The analysis showed that the 'Pay to Stay' will affect local authority areas unevenly – The proportion of households affected by the Pay to Stay were estimated to range from around 6% to 16%, while the numbers affected per local authority ranged from around 300 to 6,500 households.