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The ministry also pointed to a lack of social housing, which at 3.4% of total supply, is among the lowest in Europe.

Future Homewards plans include social housing being built on part of the Duchy of Cornwall Estate.

She said there is a need "to reduce spending on hotels and B&Bs, and for an increased focus on homelessness prevention and the supply of new social housing".

"The executive must invest in permanent social housing and the prevention of homelessness, and immediately stop throwing good public money after bad," he added.

Since 2017 the number of homeless households on the social housing waiting list has increased by 81%, with 12,000 of these households having been on the waiting list for more than four years.