Property News · November 30, 2017

London mayor Sadiq Khan wants to build 650,000 new homes by 2029 to solve city’s chronic housing shortage


London’s mayor said that he would tackle a chronic housing shortage by allowing denser construction and developing small sites like gardens and shops, in a move criticised by one opponent as a “garden grab”.
London mayor Sadiq Khan set a new London-wide house building target by 2029 of 650,000 new homes – more than double the current rate – and removed rules that fixed the maximum number of houses per development.
“With London’s population expected to…

Source : South China Morning Post
Read more…London mayor Sadiq Khan wants to build 650,000 new homes by 2029 to solve city’s chronic housing shortage