Britain's capital city needs
to build 66,000 new homes every year to meet growing demand, London
Mayor Sadiq Khan said Friday.
The goal would mean new houses
being built in London at the rate of more than 180 every day.
In a statement from City Hall,
Khan urged the government to boost funding for housing in its budget
on Nov. 22, to give new powers to London and enable thousands of
affordable homes to be built.
The mayor has called for the
devolution of new powers to London over public land and allowing
local councils in the capital to borrow to invest in homes, saying
funding for affordable housing alone in London needs to rise to 3.6
billion U.S. dollars a year, more than five times the current
spending levels.
With the private sector alone
unable to build the thousands of new homes needed, Khan warned that
it served as a stark warning that London's housing crisis would
spiral even further out of control without action and a new program
of government investment.
A draft London housing plan,
due to be published next month, will include strong new measures and
set ambitious targets for every London borough to move towards a goal
that will double the current rate of home building, with a strategic
target for half of new homes to be genuinely affordable housing.
More:
Comments
Post a Comment