Homes fit for Londoners: London’s homes today
Think tank: Centre for London
Author(s): Claire Harding; Josh Cottell; Jon Tabbush; Zarin Mahmud
August 17, 2023
This report from UK think tank the Centre for London looks at the current state of London’s housing market.
This report examines the current state of London’s housing market and reviews the policy solutions proposed to improve it. 50% more people are sleeping rough in London compared to a decade ago, and more than 300,000 Londoners are currently on the waiting list for a council home. Demand for homes in the capital is far higher than existing supply. This means that many people are falling into poverty or need to leave London completely because they have no affordable option for living here. Fixing this situation has long been a difficult task, but it remains an urgent priority. If we don’t provide Londoners with the affordable homes they need to live in the city, the key workers who keep London running will have no choice but to leave. Fixing this crisis is crucial for London’s future prosperity, and our leaders, businesses and housebuilders must rise to the challenge together. There is no single solution that can fix London’s housing market, so this report highlights the need for the long-term partnerships and big-picture thinking that can create the fair and sustainable housing system Londoners need.