Cost of social housing being outstripped by rental income 

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: