Jump to content

Sadiq Khan acts to increase affordable housing and prioritise for Londoners


Recommended Posts

Interesting. It also shows though how law and planning rules are getting in the way of any meaningful attempts to do something. Also why does it have to be private developers who build on the land? Why can't it be housing associations or even councils the land is sold to?

Pity he couldn't have enforced a greater percentage of social/affordable housing in the new AFC Wimbledon stadium development.


http://www.yourlocalguardian.co.uk/sport/14696865._All_systems_go___Sadiq_Khan_hands_back_AFC_Wimbledon_stadium_decision_to_Merton_Council/


9.6%. Great, that's really going to make a difference.

It doesn't have to be private developers. The article is simply assuming that even with the 50% affordable housing requirement, private developers (due to economies of scale and general efficiency) will be the highest bidders to join the joint-venture with TFL. That's not unreasonable to assume.


Anyhow, raising the affordable housing requirement (as was his pledge) was always going to reduce land values. It appears though that his focus will just be government land rather than imposing a new 50% requirement across all of London. Otherwise there would be no legal problem.


Blah Blah Wrote:

-------------------------------------------------------

> Interesting. It also shows though how law and

> planning rules are getting in the way of any

> meaningful attempts to do something. Also why does

> it have to be private developers who build on the

> land? Why can't it be housing associations or even

> councils the land is sold to?

Londoners being given priority over overseas investors is the main thing.


If developers know that offplan will sell at whatever price they set (foreign investors, largely) then it will follow that they will aim for the high end market.


If they are restricted to sell at to Londoner's primarily, it should mean that prices will be lower, flats of smaller size/ lower spec.


It's a good thing.

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Latest Discussions

    • But what are you basing that judgement on? Vibes? where exactly and under what council is money being spent wisely? what about parties which promise to cut waste, come to power and find out there is no waste?   
    • I've just had James from Trelco round doing taps and hot water.  Prompt, efficient and pleasant people and the cost came in under what we thought it would be! Will definitely use them again.
    • Yes - adult care is a large part of the CT bill.  That does not mean the council spend our money well or wisely.        
    • “What do councils spend all the money on?” Is, in my view, one of the most profoundly emblematic of our times  we go about our lives, backed up by councils and governments and complain they aren’t needed  reform win elections based on “we’re gonna go in and slash all the waste!” Only to later admit there effectively isn’t any oh and by the way we need to increase council tax   Now all we have to offer is racism and ineptitude sorry about that  https://www.gbnews.com/money/reform-elon-musk-doge-failed-savings So where does the money go? On a multitude of services - but the increasingly aged population and the care provision required is a large part of it  the government could give councils more money to avoid council tax rises  - but the we would have to pay more in jewels taxation  and as a country we tend to pay less than other similar countries  so we end up with an expensive mend and make do approach  I don’t see any political parties offering a solution   Starmer is obviously lacking in many areas but he is the result of a hostile media and a reluctant population willing to hear truths  (wait until we hear how much we will need to increase defence spending by in the coming years) If a party stopped pretending all the money was wasted but published a list of costs, projections and proposals that wasn’t gutted to suit the landscape of needing to not bemonstered by the press or deemed too expensive by voters I would be very interested      can’t see that happening tho  (also worth reminding ourselves of all the brexiters who said things like “I don’t care how much it costs   I don’t care if I lose my job  it’s about taking back control!” And yet now we find them complaining about increasing costs. As they always will complain about everything  because it’s always someone else’s fault)   
Home
Events
Sign In

Sign In



Or sign in with one of these services

Search
×
    Search In
×
×
  • Create New...