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[3] [4] However, the cost of housing as a proportion of income is higher than average among EU countries, [3] and the increasing cost of housing in the UK may constitute a housing crisis for many especially in London, [5] [6] [7] — the rate of over fivefold house price increases far exceeding the inflation rate of just little above twofold ...
The 2021 United Kingdom census for England and Wales recorded 4.2 million people, or 17.1% of the population, residing in either a housing association or local council housing. This was a slight increase from the 4.1 million figure (17.6%) recorded in the 2011 census. 23.1% of the population in Greater London reside in social housing – the ...
In 2020, the BBC reported the UK's housing gap was in excess of one million homes, [26] and previously (in 2019) that "An estimated 8.4 million people in England are living in an unaffordable, insecure or unsuitable home, according to the National Housing Federation". [27]
These types of housing were built mainly to provide people, mainly those who are low-income and elderly, with safe, affordable, and good housing units. With regards to the history of housing, there are studies that prove that the involvement of the government began in 1937, and it was "under the United States Housing Act". [6]
A row of typical British terraced houses in Manchester. Terraced houses have been popular in the United Kingdom, particularly England and Wales, since the 17th century. They were originally built as desirable properties, such as the townhouses for the nobility around Regent's Park in central London, and the Georgian architecture that defines the World Heritage Site of Bath.
Public housing in the United Kingdom has typically consisted of council houses, often built in the form of large estates by local government councils. Becontree in The London Borough of Barking & Dagenham is generally considered to be the largest council estate (in terms of population).
Domestic real estate represented the largest non-financial asset in the UK, with a net worth of £5.1trillion (2014). [3] Foreign investment plays a substantial role in the UK's real estate market, particularly in London, and foreign companies and individuals invested around £20billion in UK real estate in 2012. [4] [needs update]
H. Help to Buy; History of housing in Liverpool; Home Information Pack; Homelessness Act 2002; Housing (Temporary Accommodation) Act 1944; Housing Act 1949