The uk is facing a housing crisis, as is well-documented. We are just not building enough homes to keep pace with demand. More than 200,000 new homes are required each year to keep up with population growth, to cater for the increasing numbers of single-person households and to replace dilapidated stock, but only around 150,000 are being built. The gap between supply and demand is particularly exacerbated in the South East. Just in London alone, the shortfall of homes delivered over the past 15 years has exceeded 300,000. From grown-up children still living with their parents until well into adulthood as they save for a deposit, to young professionals crammed into shoddy rental properties, to family breadwinners being forced into an ever-longer commute, we all feel the effect of this supply-demand imbalance.
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