As reported by the BBC yesterday only 7,500 affordable homes
will be completed in London during 2012 despite Tory Mayor Boris Johnson’s election pledge to
build 55,000 over the next 4 years, which is an average 13,750 per annum.
It compares with 16,000 completed last year ahead of the
election, when Boris Johnson claimed he had delivered record housing.
And this ignores that this Tory led Government has changed
the official definition ‘affordable’ as between 60% and 80% of market rent ,
which reduces the public investment required but is actually unaffordable to many households on low incomes.
Changes to the mayor's housing strategy means there will no
new social (council) housing schemes in London.
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