England The Most Difficult Place to Find a Home in Developed World

England has become “the most difficult place to find a home in the developed world”.

The Home Builders Federation (HBF) - the big players in the housing construction game - shared that England stands last when it comes to vacant homes per capita among the 38 nations in the Organisation for Economic Co-operation and Development (OECD). This includes powerhouses like the US, Japan, and most of the EU countries.

A quarter of private renters in England are spending over 40% of their income on housing. In France, that number is 9% of people, and in Germany, it’s even lower at 5% of people.

This data comes right before the upcoming Labour party conference. They're considering turning “dilapidated, neglected scrubland” greenbelts into potential building sites. They're keen on focusing on "genuinely affordable housing". But renters argue that even if there's a boom in house construction, the immediate issue of sky-high rents and substandard housing remains.

It's clear there's friction between builders, renters, and the government. The government seems keen on preserving green belts and building more in city centres, but builders believe planning restrictions are too tight. On the renter’s side, issues such as unfair eviction, high rent rises, and inadequate living conditions persist.

To underline the severity, the UK lags in home constructions since 1980 compared to nations like Spain, France, and Greece. The call from the HBF to construct an extra 100,000 homes annually echoes sentiments from social housing providers and homelessness charities.

In a nutshell, Deal Hunters, whether you're renting or aiming to buy, the housing situation in England is tense. And while builders push for more constructions, the government grapples with preservation sentiments and local concerns.

Tom Church, Co-Founder of LatestDeals.co.uk, comments, "The housing crisis in the UK has far-reaching implications for everyone. From renters to homeowners, everyone feels the impact of limited housing and rising costs."