The alarming rise in rental arrears among social tenants highlights the financial burden they face, compounded by ongoing inflation and inadequate wage growth in today’s economic climate.
The data indicates that over £240 million was owed in rent arrears as of mid-2024, a significant increase from £147 million in 2019, underscoring escalating housing affordability issues.
Suzanne Muna of SHAC criticized the Chancellor’s decision to allow higher social rent increases, which she argues exacerbate the financial strain on tenants struggling with stagnant wages.
Rising costs of living, changes in welfare benefits, and dramatic rent hikes over recent years are creating a perfect storm that risks driving more families into homelessness.
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