‘Out of reach’: stalled newbuilds leave Labour’s social housing targets in tatters
NegativeFinancial Markets

The social housing crisis in England is reaching alarming levels, with families in Bath and North East Somerset facing a staggering 200-year wait for a four-bedroom home. Current construction rates show that only about 10,000 social homes are being built annually, far below the demand. This situation undermines Labour's election promise to address housing shortages, highlighting the urgent need for effective solutions to provide affordable homes for families in need.
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