Victoria's housing problems have worsened in almost every key measure, according to new report card. Photo: James Ross/AAP PHOTOS

Decades of under-investment in social housing has fuelled an affordability and homelessness crisis in one state and the situation is not improving, data suggests.

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Victoria's housing woes have worsened across almost every key measure, according to the Council to Homeless Persons' second housing insecurity index.

Applicants on the state's social housing waiting list, including those seeking transfers, ballooned to 66,117 as of March - up 7.35 per cent year

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