How ‘perfect storm’ blew away planned social homes England needs

Published On Oct 6, 2024, 8:11 PM

The article discusses a severe housing crisis in England, highlighting that over a million families are on the waiting list for social homes. Housebuilders claim they have thousands of affordable homes ready but cannot start construction due to financial issues among housing providers and the rising costs for home repairs. Housing associations are struggling with reduced rental income and increased repair bills, leading to fewer homes being built despite the desperate need. This crisis is compounded by financial pressures on councils, who warn of potential bankruptcy without more social homes. The article underscores the urgent need for government intervention to meet housing demands and provide funding to improve the situation.