Lower-Income Households Spend a Quarter of Income on Car Ownership
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Lack of alternatives forcing the poorest into barely affordable car ownership
By being reliant on owning a car, the UK’s poorest households are spending a disproportionate share of their income on getting about, new research from the Institute for Public Policy Research has found. Because the absence of affordable and accessible public transport has created a reliance on private vehicles, it was found that for households on the lowest incomes, transport can consume up to a quarter of that income, placing significant press…
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