Housing challenge in the UK (AQA GCSE Geography): Flashcards

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Housing challenge in the UK
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Current UK population

Over 67 million people

UK households in 2022

28.2 million

People affected by UK housing crisis

8 million people

UK govt target for new houses/year

300,000

Houses needed per year (NHF estimate)

340,000

Houses built in 2019/20

243,000 homes

Annual housing shortfall

97,000 houses per year

Proportion in unsuitable housing

3 in 10 people

People in overcrowded accommodation

Over 3.7 million

London price-to-earnings ratio

9.7

Most affordable region (price-to-earnings)

North East (4.6 ratio)

Mortgage lender typical multiplier

4.5 times annual salary

% struggling with housing payments (2024)

35%

Affordable homes needed annually

145,000

Affordable homes built annually

58,000

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