Boris Johnson left us a terrible housing crisis legacy in London and the Government must fix THIS !
364 views · Published 30 October 2017 · 5:26 · Indexed 25 October 2026
Channel: Mike Martins · 2017 · News & Politics
My Opinion: London is facing the same challenges as any other commonwealth country ! they are seeing a mass exodus is youth and skilled workers ! and Sell offs to Chinese investors leaving homes empty will leave a lot of families in poverty and home owners wealthy on paper London will become an empty Schell like other English speaking cites across the commonwealth. Article Reads: As a Member of Parliament in London, I see the shocking impact of Britain’s housing crisis in my constituency every day. However, the housing crisis is a national one – it is one of the biggest causes of unfairness and inequality in our country today. Families living in overcrowded conditions face decades on waiting lists for social housing. Young professionals are living with their parents into their thirties because they can’t afford the cost of a rental deposit. Young families stand no chance of buying a home of their own. And at the sharpest edge, the lack of housing is causing poverty, health problems, homelessness and rough sleeping. The cause of this crisis is clear – Britain is simply not investing enough to build the number of new homes we need every year. Seven years of Tory under-investment has left millions of people either priced out of the market or exploited by rogue landlords. Shocking new figures published today by London Mayor Sadiq Khan show that we are building less than half the number of homes we need to fix the issue in London alone. When the Tory Government came to power in 2010 they slashed funding on affordable and social housing across Britain, dramatically exacerbating the problem. In London, they cut funding from around £1.75bn in 2010 to just £500m today. Boris Johnson made things even worse as Mayor. He stopped building new social housing altogether, reducing the number of social homes he funded from 1,687 in 2012 to just 336 in his final year in office. Shamefully, he left zero social homes funded for the year that Sadiq Khan came into office. In fact, Johnson prioritised building multi-million pound penthouses that only the very wealthiest could afford and left ordinary Londoners as an afterthought. Only 13 per cent of homes given permission in his final year in office were affordable and rough sleeping doubled on his watch. Theresa May herself acknowledges it is a disaster – especially for young people – that house prices are outstripping earnings at a time when not enough new homes are being built. The Government has made a lot of noise to show they are “listening” to the public’s desperate need for real action but in reality they are barely tinkering around the edges.
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