17
Mar
Politician calls for more London housing
More property should be available in the capital, according to one
politician.
Commenting on the issue, London Assembly member for Ealing and
Hillingdon Richard Barnes said there needs to be more houses for sale in London, the Uxbridge Gazette
reports.
He noted that the city has a shortage of homes, adding: "Yet,
absurdly, the government announced this week that it is giving
almost every other region in the country more money for the
construction of affordable homes than the capital."
Mr Barnes went on to point out that London will receive central
funding through the Kick Start initiative which will enable it to
construct around 114 affordable residences.
In contrast, investment in property for sale in Manchester and other north-west
areas will be more than double this, he claimed.
Recently, David Bexon, managing director of SmartNewHomes.com,
suggested that the rise in demand for new-build London homes has
been led by owner-occupiers.
