London can’t afford to lose its social and economic
diversity suggests a new report, Housing Policy in High-Density Global Cities,
that argues the provision of affordable rental housing in the capital could
benefit the city by millions of pounds. The report considers the economic and
social challenges that face large global cities such as London and the
implications these have for housing policy. The research, by the University of
Westminster, sets out a rigorous cost benefit analysis which shows that there
is a net benefit to the London economy of more than £17,000 per annum for each
affordable rental home provided. Read more on the Housing Excellence website.
Eight in 10 homes in London’s poshest postcodes now sell below asking
price, Coutts finds
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Sellers in areas such as Belgravia and Mayfair face hundreds of thousands
of pounds in losses as property prices fall
Eight out of 10 properties in Londo...
7 hours ago
