An overview of the London housing market, focusing on affordability and the impact of recent policy reforms on affordable housing.
The demand for property, the mix of tenures and households, the difference in affordability of renting or buying, and the levels of acute housing need, all distinguish the London housing market from England as a whole. These have major implications for the delivery of affordable housing.
- summarises a number of relevant housing indicators;
- sets out the key housing policy reforms undertaken by the Coalition Government; and
- explores the implications of these for London practitioners;
- argues that London needs a new, sustainable delivery model for new housing, underpinned by clear definitions of 'affordability' and 'housing need'.