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Tuesday, June 25, 2013

A link between poor maths skills and rent defaults?

Research in America has established a link between those with poor maths skills, and the likelihood of defaulting on mortgage repayments.

Well, heh, take a cigar Sherlock.

I wonder if the same might also be true in terms of meeting rental payments. Now this is only a theory, but I'm just pondering whether those people who are struggling to get a job due to their poor qualifications might also struggle to balance their household budgets.

Obviously we need to do further research. Maybe we should try letting those on benefit take control of their monthly budgets. I know let's also start paying their rent direct to them and not to their landlord. Let's just see if they can cope.

They struggled with basic arithmetic at school, but let's just see how they get on with managing a tight monthly budget.

I'll be interested to see if we can establish a link between poor maths skills and rent defaults?

Sometimes I just scratch my head.

For those who want to catch up on where we're at with  LHA as part of the new Universal Credits, you can download the latest PDF briefing paper from Parliament here

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