Owner, private renter or social renter: How is housing changing in UK?

The UK housing landscape has changed significantly in recent decades with a large fall in home ownership rates. Importantly, the proportion of private renters is rising, while the number of social renters continues to decline. ADVERTISEMENTThe housing crisis is an increasing concern across Europe, with shortages and escalating rents becoming more prevalent. Homelessness is also on the rise, posing a significant problem. According to the OECD, the UK has the highest rate of homelessness in Europe, having more than doubled over the past 13 years.Housing tenure has undergone significant changes in the UK in recent decades. In England, the proportion of private renters surpassed that of social renters in the early 2010s for the first time in more than four decades of available data. Similarly, the gap between private and social renters has narrowed in Wales and Scotland, although private renters have not yet outnumbered social renters.In 2022, approximately 64% of residents in England owne...