London's 'spiralling' housing crisis in numbers
Briefly

Despite being Europe's richest city, London is grappling with a severe housing crisis, as highlighted by the Centre for London during its recent summit. The Combined Homelessness and Information Network (CHAIN) indicates an 8% rise in rough sleeping in 2024, marking an all-time high. With nearly half of rough sleepers being new cases, Mayor Sadiq Khan aims to eliminate rough sleeping by 2030, additionally investing £10m to support homeless hubs. However, the financial strain on local councils due to rising homelessness costs is deemed unsustainable, threatening their services and stability.
Experts agree it is a complex issue, but what do figures show us about the scale of the problem?
The Mayor of London, Sir Sadiq Khan, has committed to ending rough sleeping in London by 2030.
London Councils says boroughs overspent on the 2024/25 homelessness budget, risking financial stability.
The umbrella group representing London's boroughs has said the current spending on temporary accommodation is 'unsustainable'.
Read at www.bbc.com
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