Kristian Fuzi
Research Fellow
Kris Fuzi is a Research Fellow and Research Theme Lead (Risk and Financial Wellbeing in Later Life) for the Centre on Household Assets and Savings Management
Precarity in the Private Rental Sector: The Consequences for Financial Security
Housing costs are becoming increasingly unaffordable for younger people. This coupled with stagnant wages and a cost-of-living crisis has left many in a precarious position.
For those in the private rental sector, a disproportionate level of income is now being spent on monthly rent. There exist two routes out of this precarity: (a) through underfunded and understocked social housing; or (b) through homeownership that requires increasingly higher mortgage deposits.
This research project therefore aims to understand how financially secure private tenants are feeling, and the extent to which they are engaging with financial products associated with savings, credit, and pensions.
By interviewing 50 private rental tenants living in the West Midlands and Greater Manchester, Kris is investigating how precarity features in the private rental sector. Moreover, the project is exploring how other areas of precarity – such as work, income, gender, or parenting – compound the experience of precarious housing. By applying this contextual approach, Kris will reveal how precarious housing, combined with other financial difficulties, present barriers for private tenants attempting to build financial security both now and in later life.
Outputs and impact
Outputs and impact
In addition to academic (e.g. journal articles) and non-academic outputs (e.g. a summary/policy report), Kris will organise and attend conference presentations, seminars, or workshops to disseminate the findings to relevant audiences (e.g. via CHASM, housing or finance sector-organised events, or national and international academic conferences).