When I started this site I had two goals. Firstly to uncover the kinds of practices that allow a small group of people to make vast amounts of money off the financial misery of the majority of Londoners. Second I wanted to do something about it. I was perhaps driven by a slightly naive belief […]
Sadiq ‘Demolition’ Khan’s estate ‘regeneration’ consultation: a sham?
This guest post comes from Tony Coyne. Tony is a freelance journalist and housing campaigner. He writes under a pseudonym to prevent any backlash against the campaigns he is involved in. During the election Mr Khan made a great deal out of the fact that he was brought up on a council estate, with his […]
Sadiq’s deal with the developers – The Affordable Housing and Viability SPG
Last week the consultation on the Mayor of London’s new Affordable Housing and Viability Supplementary Planning Guidance closed. You can see and download my full response to the consultation at the end of this post, but the main issues are summarised below. Viability and affordable housing The issue of affordable housing and viability has been […]
Not just a betrayal – The Mayor’s affordable housing ‘aspirations’
It has taken less than a year for the new Mayor of London to abandon the firm commitment to mandate that 50% of homes on new developments are built as affordable housing. Now, in a deal with London’s property developers he has announced that he will only be seeking 35% affordable housing on new homes. […]
House builders’ profits explode 5x in 6 years
Profits at major house builders suggest that building more affordable homes in London is possible Currently, private developments in London are only delivering 13% of their new housing as affordable housing. Most London boroughs have a requirement that 40-50% of housing on new developments is classed as affordable. The argument often put by the house-building […]
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