Member

The economic case for action is compelling. Research commissioned by the Mayor of London shows that a 1% increase in housing affordability in London alone could generate an additional £7.3 billion in economic output over the next decade—would not the Chancellor of the Exchequer love that right now? Enhanced affordability not only improves household well-being but boosts productivity, supports job creation and reduces the financial strain on public services at a time when one in 50 Londoners is experiencing homelessness.