Khan outlines housing plan

20th May 2016

London Mayor Sadiq Khan plans to quadruple the proportion of “affordable” housing being built in the capital, saying he wants more than 50% of homes on some new housing developments to be affordable. He notes that this does not mean 80% of market rent, as affordable is defined by the Government, but far lower social rents or “London living rent”, which is pitched at a third of average incomes.

The Guardian (18/05/2016)