London is an internationally competitive, successful city but it is in the depths of a housing crisis.
To deliver the 65,000 homes London needs each year, we are calling for three things to happen:
government to invest more money to get homes built.
the Mayor to use the full weight of his powers and influence to bring more land forward for development.
boroughs to make better use of their land through embracing high density housing
As part of our drive to address London’s skills gap, we’re also encouraging developers to collaborate with each other and across the supply chain to improve construction skills training. See more on our Skills work here.
Building more homes is not just common sense but business sense as well:
London needs more homes to remain globally competitive
Londoners want more homes
London needs to provide homes for all its workers to maintain social cohesion and diverse communities
Our data shows nearly half the new homes granted planning permission in London never get built. Up from one in four in 2010. We have more work to do to understand what is happening but this is a worrying trend.
Housing — what we’re doing
Government has made recent steps to signal it is taking the housing crisis seriously. But to turn things around, it needs to go much further.