London 'Needs More Than 800,000 New Homes'

More than 800,000 new homes need to be built in London by 2021 to keep up with housing demand, according to the body that represents the capital's councils. London Councils, which represents 33 local authorities, said London's "future status as a global city" was at risk if the homes were not built. A spokesman said costs for the London economy would continue to spiral if the demand was not meant. London's population is expected to top nine million by 2021, he said.  Read more on the BBC website.