London faces an acute housing crisis. The need for solutions is intensifying, but the debate on how to tackle this crisis is becoming increasingly polarised. Ahead of the 2020 Mayoral election, this project will seek to revitalise the debate on London’s housing crisis and build consensus around principles for intervention and sustainable solutions.
There are simply not enough homes in London; the delivery of new homes has failed to keep pace with the needs of a growing population. While the Mayor of London has set ambitious house building targets (66,000 homes per annum from 2019 onwards), delivery levels are likely to fall significantly below this target, with some indicators suggesting that a sharp slowdown is on its way. The gap between need and supply is particularly wide for affordable housing: in 2016/17, 41,400 net new homes were built in London, but only 7,000 were affordable, leaving a shortfall of around 35,600 against targets.
These housing challenges are clearly of growing concern to Londoners. 81 per cent of Londoners agree that housing in London is ‘in crisis’. With the mayoral election taking place in 2020, this project will seek to develop and promote new approaches and alliances to tackle London’s significant, but not insurmountable, housing challenges.
Centre for London will hold a series of roundtable events with stakeholders from key groups in this space, including house builders, academics, campaign groups and policy-makers. These roundtable discussions will cover some of London’s most significant housing challenges, such as:
- Community, trust and engagement;
- Land and planning;
- Tenure and affordability;
- Finance and delivery.
Alongside these roundtables, we will also conduct secondary research to inform a series of four discussion papers on these topics. Ultimately, these findings will help to inform the Centre for London’s housing manifesto, which will provide policy recommendations for the mayoral candidates ahead of the 2020 election.
We will publish the research findings on an ongoing basis from May 2019, with our full housing manifesto due for publication in Autumn 2019.
If you are interested in contributing to the research, please get in touch with Sara Gariban.