UK spends less on social housing than it did nearly 30 years ago – despite one million families still needing homes

UK spends less on social housing than it did nearly 30 years ago - despite one million families still needing homes

Council house funding is in ‘crisis’ as the UK spends less on social housing in today’s money than in the 90s – despite an increase in the population of 15%.

Meanwhile the amount shelled out to private landlords from the public purse has almost doubled in the last decade.

Over the last twenty years the nation’s commitment to building homes has fallen from £7.5bn in 2005 to £5.3bn in 2015 – from 0.4% to 0.2% of the total GDP, according to a report by the National Housing Federation.

Despite this, more than a million families remain on the housing waiting list.

As money spent on building plummets, the UK is spending more than ever supporting people to live in costly rental properties through housing benefit.

Over the last 20 years, spending on housing benefit has risen from £16.6bn to £25.1bn.

Housing someone in the private rented sector instead of a social home costs an additional £21 every week.

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