Johnson's Housing Policy: Livingstone Responds
From the Team Ken website, posted Sunday:
"Boris Johnson's repeated pledge to abolish the policy that 50% of new housing in London must be affordable housing would have devastating consequences for Londoners. Given the huge upward pressure on house prices in London it would concentrate development in high priced and luxury housing, pricing houses even more out of the hands of ordinary Londoners. To understand the practical consequence it is only necessary to know that last year the Tory flagship council Wandsworth only built 11% affordable homes. In my 8 years in office housing building in London has almost doubled - from 17,000 a year to 33,000 last year, with the proportion of affordable housing rising."
Now read on.
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