Rohan Silva in the Standard discusses London’s “crazy property ladder,”..." />
Rohan Silva in the Standard discusses London’s “crazy property ladder,” which is making the city unaffordable for first-time buyers even compared to other major cities like Singapore, where the government “is playing a much bigger and more ambitious role in building homes,” with a “transformative” effect. While he calls for planning reform “to make it faster and cheaper to construct homes,” he says, “the truth is the private sector alone can’t fix the housing crisis.” He urges the Chancellor to follow through on Theresa May’s announcement of an end to the council borrowing cap to fund the building of more council homes.
Evening Standard (12/10/2018)