London Assembly fails to derail housing strategy
Thu 17th April 2014, 3:42 pm
The London Assembly has accepted Mayor of London Boris Johnsonís housing strategy, even after a majority voted to reject the proposal at an assembly meeting.
The motion to reject was not carried out because less than two thirds of the members voted for rejection.
It had stated that housing completions dropped to 21,000 in the previous year, meaning a required doubling of delivery levels to hit the strategy’s targets.
Also, according to the motion, the percentage of required social housing for new developments is too low at 10.7 per cent.
Assembly member Tom Copley, who proposed the motion, said: "With the average home in the capital soon to cost half a million pounds, for most Londoners property ownership is little more than a distant dream.
"The majority of us living in rented accommodation face constant uncertainty living at the whim of our landlords.
"The mayor’s housing strategy suggests he is the only person left in London who doesn’t understand the extent to which the market has failed, is failing and, without bold action, will continue to fail to adequately meet the needs of millions living in London."