London hit by record downturn in affordable housing

High inflation, interest rates and building safety costs are driving collapse in construction

Topics

U.S. homelessness rises 18% amid affordable housing shortage

Homelessness rose 18% in the U.S. this year as the affordable housing crisis, inflation, stagnant wages and natural disasters pummeled communities across the country, federal officials said Friday.
NBC News - 2h
Homelessness hit record high this year amid affordable housing shortage

Homelessness in the U.S. hit the highest level on record this year as the affordable housing crisis intensifies, federal regulators said Friday. The Department of Housing and Urban Development ...
The Hill - 3h
Homelessness jumped to a new record this year as housing costs soared

Federal officials say homelessness rose 18% in 2024, driven mostly by a lack of affordable housing.
CBS News - 3h
Credit card debt set to hit record levels as consumer holiday spending rises

Consumers are on track to set a spending record this holiday season. But leaning on credit cards could come at a high cost.
CNBC - 7h
Man charged after car hit four people in London

One victim remains in a critical condition after four people were hit by a car in central London.
BBC News - 10h
Richard Perry, record producer behind 'You're So Vain' and other hits, dies at 82

Hitmaking record producer Richard Perry has died at 82
ABC News - 2d
US homelessness up 18% as affordable housing remains out of reach for many people

Federal officials say the United States saw an 18.1% increase in homelessness, a dramatic rise driven mostly by a lack of affordable housing as well as devastating natural disasters and a surge of ...
ABC News - 5h
Credit card debt set to hit record levels as consumer holiday spending rises

Heading into the holidays, many Americans were already saddled with record-breaking credit card debt.
NBC News - 5h
Man arrested after pedestrians hit by car in London’s West End

Four people taken to hospital after incident, which police say was not terrorism-related, in early hours of Christmas Day . A man has been arrested on suspicion of attempted murder after ...
The Guardian - 2d