Lammy outlines approach on housing

12th June 2015

The London mayoral hopeful David Lammy has criticised the Labour party for its “timid and vague” approach to housing. The Labour MP for Tottenham accused mayoral rivals of “making grand promises to continue to tinker around the edges” while the situation in the capital got worse. He set out his own plans, which include issuing £10bn of London Housing Bonds to build 30,000 new social homes. Fellow Labour mayoral contender Sadiq Khan also set out his plans to boost house-building. He said 50% of all new developments should be affordable homes, and that pension funds should invest in infrastructure.

Evening Standard (05/06/2015)