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A dire consequence of over priced housing in Britain
Britain has a homelessness crisis. Inflation might be falling, but be careful how you interpret what this means. Prices aren’t falling, they are just rising less quickly. Prices are still high and the cost of living crisis continue. This is directly feeding into increasing homelessness.
One trouble area is the inadequate supply of housing and the erosion of government support for those unable to afford rent. This isn’t new. We knew about these problems long before Covid-19 and Brexit. Lot’s of promises were made by both previous Conservative and Labour governments to fixing the supply on housing in Britain, none of which came had a lasting positive impact.
The situation is terrible. Let’s put this in context. Imagine a medium-sized primary school, which might have around 200 families with kids at that school. That means on average, one child in every primary school in Britain is living with their family in temporary accommodation, often in atrocious conditions, with damp, mould and infestations commonplace. I'm sorry, but in the 21st Century that simply isn’t acceptable.
Source: Financial Times
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