The waitlist for public housing has continued its steady march upwards, with 22,409 eligible households waiting for a state or social home at the end of November.
That is a jump of about 1000 since the end of September and is a record high.
It comes as both rents and house prices are surging in a red-hot property market.
The waitlist has exploded in recent years, growing by about 8000 in the last year and more than quadrupling since the Labour-led Government was elected in 2017.
Here’s what the increase has been every year:
- 2016: +1,295
- 2017: +1,411
- 2018: +4,530
- 2019: +4,157
- 2020 (11 months) +7,540
I expect it to get even worse in 2021 as the Government continues to increase costs on landlords which sends rental prices higher.