London

London faces an extreme housing crisis with average house prices at 12x median earnings. Social housing waiting lists exceed 300,000 households. Rough sleeping has risen significantly. The Mayor's London Plan targets 52,000 new homes per year but delivery falls short.

London is Europe's most expensive city for housing, with average prices exceeding £500,000. The rental market is vast, with nearly half of Londoners renting. The city faces chronic undersupply with only ~35,000 homes built annually against a target of 66,000.