[This post originally appeared at The Conversation under a different (longer) title, 27/11/13]
London’s population is increasing rapidly and forecasts say this growth is set to continue over the next decade and more. However, the last time the capital had enough new houses to match this rate of population growth was the 1930s. Homes are becoming less affordable; needs and aspirations are going unfulfilled. London has a housing problem of serious dimensions.
This week, Boris Johnson gave us an indication of what he is proposing to do about the situation, with the publication of another draft housing strategy for consultation.
The strategy starts with a broadly sensible diagnosis of the nature, complexity, and consequences of the housing problem. The scale of the problem is already alarming, and it is only going to get worse.
The document is equally interesting when it moves on to proposed solutions. [Read more...]