Increasing number of old people Forced to work beyond pension age Due to rising housing costs, new research has shown.
Out of about five people aged 55 years and above, one and on low income, they say that they want to retire but cannot do it Due to the cost of housingSurvey conducted by Sankat Show. An interviewer told the researchers: “I don’t see myself retired.”
Accommodation Charity says it is a combination of social housing shortage and increasing fares that are increasing housing insecurity for people coming close to retirement.
Preachers for older people have recently raised an alarm on pension-age income which is inadequate to deal with the cost of living pressures. Research from Age UK suggests that people retiring in 2050 are ready to get £ 800 less than the present. Pensioners,
At the same time, Private fares continue to increase At the rate of removing inflation. Recent research suggests that the cost of rent has increased on average £ 221 per month in the last three years – an increase of 21 percent.
It has given birth to one out of ten low income. Tenant Fear that they will risk Homeless By the end of the year, the crisis says, while 21 percent of fear will make them homeless at some time in their retirement.
The latest government data shows that 2023/24 had 40,320 people in the age of 55, which increased by 50 percent in five years.
An interviewer living in housing insecurity said: “You lose your dignity. The only thing you can do focus only on day -to -day survival. Because at any time you remember, where will I sleep tonight? It’s a shock.”
Another said: “I want a house where I can have my key for my door, and my own garden. My children can come and play anytime what they want. Without any distraction, without any restriction. A little rest.”
Matt Downey, CEO of Crisis said: “Britain’s housing crisis is an inter -state, in which the old people are facing homeless with the increasing number of people. Many people who have spent their lives working, hanging from a thread hanging due to lack of social houses, which leaves the Chairity to fill the interval.
“Anyone should not be forced to bear the difficulty and trauma in getting homeless, and the results in later life can be even more destructive.”
The Housing Charity has called for the government to go ahead after reviewing its expenses, which is committed to £ 39 billion to fund social and affordable housing in the next decade.
Mr. Downey says that Labor should focus on delivering this social house as soon as possible, and should also eliminate the “real-term cut” due to the recent freeze at the level of housing profit.
