The figure of 4.8million homes is up by more than 500,000 since 2010, says the report for the Affordable Housing Commission.Credit: Getty - ContributorThe largest rise has been in the private rented sector where more than four in ten are in trouble. The commission says that when rents or purchase costs exceed a third of household income it can lead to arrears, debts and personal problems.The report also says three quarters of renters have little chance of getting on the housing ladder.
He added: 'The term 'affordable' has become a much-abused word in housing circles. Successive governments have taken it to mean 'rents or purchase costs which are lower than in the open market'.