{"id":55925,"date":"2017-05-25T11:30:19","date_gmt":"2017-05-25T04:30:19","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-great-london-property-squeeze\/"},"modified":"2017-05-25T16:29:50","modified_gmt":"2017-05-25T09:29:50","slug":"the-great-london-property-squeeze","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-great-london-property-squeeze\/","title":{"rendered":"The great London property squeeze"},"content":{"rendered":"


\nAs affordable housing in Britain\u2019s capital is replaced by luxury towers, people on middle incomes are being priced out, while the poor are forced to pay extortionate rents for shocking conditionsThe first time I met Ian Dick, the head of private housing at Newham council in east London, he took me on a walk to look for \u201cbeds in sheds\u201d. It was 2011, and alongside criminal levels of overcrowding in private rental properties, there was a growing problem of people living in illegal structures in back gardens. It was not uncommon to find 10 or 20 people living in a room above a fried chicken shop, in a basement, or in ramshackle outbuildings. When we met again, five years later, he was happy to talk to me, not because these problems had disappeared, but because he was proud of the council\u2019s private rented sector licensing regime. Introduced in 2013, it was the first such scheme in the country and had led to 800 prosecutions and 28 landlords being banned from renting property to tenants.This time we met in Forest Gate, traditionally one of the most deprived parts of Newham. \u201cThis is an area undergoing the most dramatic change \u2013 the council doesn\u2019t use the term \u2018gentrification\u2019, they use the term \u2018regeneration\u2019,\u201d he said as we strolled down a pleasant high street in the sunshine, looking up at Victorian facades renovated by the council. Along the road, hipster cafes and pubs were interspersed with clothing retailers, halal butchers and phone shops. To show me the reality in some of the flats above, he took me around the back, where an entire street was accessed by a badly maintained private alleyway, with a huge pile of mattresses dumped at one end. Continue reading…
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\nSource : theguardian.com
\nRead more…The great London property squeeze<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

As affordable housing in Britain\u2019s capital is replaced by luxury towers, people on middle incomes...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-55925","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-ey1","jetpack-related-posts":[{"id":4654,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/housing-costs-lock-london-teachers-out-of-property-market\/","url_meta":{"origin":55925,"position":0},"title":"Housing costs lock London teachers out of property market","date":"February 13, 2016","format":false,"excerpt":"\r Survey of London NUT members aged under 35 finds 8% still living at home with parents after five years\u2019 teachingYoung teachers are spending more than half of their take-home pay on housing, and high prices combined with several years of pay freezes mean almost one in 10 in London\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":86555,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-the-london-housing-market-hurts-businesses\/","url_meta":{"origin":55925,"position":1},"title":"How the London housing market hurts businesses","date":"April 26, 2018","format":false,"excerpt":"\r Companies say living costs make it difficult to recruit and retain entry-level staff\r \r Source : ft.com\r Read more...How the London housing market hurts businesses","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":38137,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/another-london-pop-up-the-project-that-could-help-solve-housing-crisis\/","url_meta":{"origin":55925,"position":2},"title":"Another London pop-up: the project that could help solve housing crisis","date":"December 14, 2016","format":false,"excerpt":"\r Ninety-six people are living in the Ladywell development in south-east London, which will serve as a blueprint elsewhere in UKThe UK\u2019s first pop-up village in south-east London, which houses 24 formerly homeless families, is a novel attempt at helping tackle Britain\u2019s housing crisis and will serve as a blueprint\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":66938,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/surplus-prison-and-asylum-to-provide-living-space-for-london-workers\/","url_meta":{"origin":55925,"position":3},"title":"Surplus prison and asylum to provide living space for London workers","date":"September 20, 2017","format":false,"excerpt":"\r The government has committed to releasing more public land to tackle the UK\u2019s housing shortage\r \r Source : ft.com\r Read more...Surplus prison and asylum to provide living space for London workers","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":16634,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/i-have-500-flatmates-london-rediscovers-co-housing-video\/","url_meta":{"origin":55925,"position":4},"title":"I have 500 flatmates: London rediscovers co-housing \u2013 video","date":"June 15, 2016","format":false,"excerpt":"\r As rents spiral in London, one company is proposing a solution. The Collective is a new block of apartments that acts like a giant shared house: small private bedrooms with communal laundry, kitchens, spa, cinema and workspaces \u2026 and some covert matchmaking by the managers. Our series on the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":79566,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/it-is-fair-to-blame-older-people-for-the-housing-crisis\/","url_meta":{"origin":55925,"position":5},"title":"It is fair to blame older people for the housing crisis?","date":"February 10, 2018","format":false,"excerpt":"\r The reaction to our column on a pensioner living on \u00a318,000 a year in London revealed deep anger among younger workersShould a 78-year-old woman who lives frugally and buys her clothes in charity shops really be the target of so much bile? Last week in our How I Spend\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/55925"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=55925"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/55925\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=55925"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=55925"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=55925"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}