Response: London Housing Commission

London needs more decent, secure, and affordable homes.

The capital's population is growing by nearly 100,000 a year. The mayor's own assessment says that 62,000 new homes per year will be required to meet London's growing need and address its backlog within a decade. In recent years, we failed to build even half that number, part of a long-term trend of under-supply. Even worse, too few of the homes we do build are actually affordable to Londoners. Instead, many are snapped up by speculators who push up the price for everyone else.