Affordable capital? Housing in London
Published date: 07 May 2012
Download full publication
London is an expensive place to have a home. It faces unique challenges that combine to produce an increasingly unaffordable market for would-be owners and tenants alike. In particular, the government's welfare reforms will have a significant impact on the ability of London's citizens to buy or rent a decent home.
This case study report makes a series of policy recommendations aimed at reducing the worst effects of London's housing squeeze. These recommendations include:
- increasing the supply of housing, for example by releasing more public land for development
- improving the effectiveness of welfare reforms, including a short-term uplift in the housing allowance cap and a longer term move to devolve housing powers and responsibilities to the mayor
- achieving reasonable regulation in the private rented sector, including exploring maximum base rents and forming a rent stabilisation body
- increasing taxation of foreign buyers of prime London property by pressing ahead with various tax changes currently under consultation.
In the news
Worrying trend for viability of future housebuilding
The Financial Times (£) - 25 Oct 2013
Let's shake up how we deliver new homes
The Financial Times - 07 Oct 2013
You may be interested in...
IPPR in the news
Making it hard for politicians to ignore the young
Telegraph - 07 Mar 2014£100bn red alert over green energy gap
The Independent - 06 Mar 2014Impact of immigrants on British workers ‘negligible’
The Independent - 06 Mar 2014Will Straw on moving beyond coal power
Guardian - 04 Mar 2014
Ed Cox on Why London is such a powerful force in the UK (2.55 in)
BBC Today - 04 Mar 2014The north holds the key to a better economy
Manchester Everning News - 04 Mar 2014Net migration soars despite Cameron's pledge
Daily Telegraph - 28 Feb 2014NEET generation
The Independent - 27 Feb 2014
More BBC indie commissions, report says
Radio Today - 27 Feb 2014BBC boss wants to extend licence fee to cover iPlayer
Daily Mirror - 27 Feb 2014Scotland: Vote 'Yes' and lose the BBC
The Independent - 27 Feb 2014Indy Scotland would be a vote to “leave” the BBC
The Scotsman - 27 Feb 2014
Tony Hall: extend licence fee to cover iPlayer
The Guardian - 27 Feb 2014Maria Miller says independent Scotland would lose the BBC
The Guardian - 27 Feb 2014Hall vows to protect drama under further cost-cutting
The Stage - 27 Feb 2014Hall proposes licence fee extension to include iPlayer
BBC News Online - 27 Feb 2014
Harman at OMC: 'Daily Mail should apologise'
The Guardian - 27 Feb 2014Time to break London's grip on creative industries
BBC Wales Today - 25 Feb 2014UK's creative industries 'must back regional and ethnic diversity'
The Guardian - 25 Feb 2014Creative industries need to be freed from London's 'closed shop'
WalesOnline - 25 Feb 2014