Households are going through a “groundhog year” in 2023, as hovering gasoline payments and deliberate tax rises squeeze disposable incomes and ship dwelling requirements tumbling for the second yr working.
Increased mortgage prices as fixed-rate loans come to an finish and new offers are negotiated will add to the monetary burden already felt by thousands and thousands of households reeling from the worst fall in dwelling requirements in a century.
The Decision Basis is forecasting a hunch in disposable incomes of three.8% in 2023 –…