WAGES of £32,000 a year at least are needed to buy the cheapest properties around Arun, a new report reveals.
The household income is included in the new housing and homelessness strategy agreed by Arun District Council’s cabinet on Monday.
The document is set to be backed by the full council early next year to become official policy. It covers the years 2019-21.
It states: “Housing affordability can be challenging for many households in Arun as a result of the relationship between house prices and local incomes.
“In 2015, households required an income of £32,000 to access the housing market to buy a property within the lower quartile price bracket.
“Those with a household income below £26,700 require affordable rented housing and those with an income below £18,400 can only afford social rented housing.”
The strategy states the district’s average £316 weekly wage is the lowest in West Sussex.
Arun head of housing services Satnam Kaur said the strategy had four objectives. These were to increase housing supply, prevent and relieve homelessness, improve housing conditions and create sustainable communities.
Cllr Trevor Bence, who is in charge of Arun’s residential services, said the strategy replaced three documents. “This sets out the council’s vision for housing – how it will work in partnership with others to achieve a balanced housing market. There has been a huge amount of work putting this together. This strategy combines almost everything that we have been working tirelessly on as a team for the last two years,” he said.
Arun’s leader, Cllr Gillian Brown, said: “This is a really good document. It’s very easy to read. Lots of them aren’t but this is extremely good and it has lots of good things in it as well.”