An Unnecessary Role

embracing false choices

London’s emerging housing crisis

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While you were watching the other channel, you’ll almost certainly have missed this story behind the dead-girl-bothering Murdoch paywall about London’s emerging housing crisis.

London is on the brink of a significant housing crisis with a £32 billion funding gap for new homes, while homelessness is rising for the first time in more than six years and the average first-time-buyer’s deposit now costs £56,000.

That is the grim analysis of the leaders of the capital’s 33 councils, who argue that welfare reforms could be about to make the situation worse.

The report is based on this report from London Councils, which is a summary of the sheer scale of the task facing London’s boroughs as they seek to ensure everyone has a decent home to call their own. Worth remembering as we gasp at the latest developments from Wapping.

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Written by samelliot

July 18, 2011 at 8:00 am

Posted in Housing, London

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