Increasing rents for tenants living in public sector housing on the Isle of Man will support future investment in housing stock.
Yesterday the Department of Infrastructure confirmed it was imposing a two per cent rent hike from April next year.
The cost of providing the housing - including maintenance, refurbishment and replacement of properties - is currently outstripping rental income.
Minister Ray Harmer says whilst the department has to fund the difference - which currently stands at £4.1 million - it's got to be balanced:
He says the department has tried to keep the increase to a minimum:
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