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Housing targets in the firing line

By: Series: Estates Gazette ; (0142) 20 October 2001, 61-63(3)Publication details: 2001Subject(s): Summary: London housebuilders have called for a 25% cap on social housing quotas as a response to a proposed increase in affordable housing targets. Article presents both sides of the argument on affordable housing targets. Developers claim that the 50% target is unachievable, will negatively affect land values and are concerned that affordable housing costs will be offloaded onto the private sector. However, a GLA commissioned study into the financial viability of the 50% target in London boroughs found that increasing public subsidy would make the target achievable in two-thirds of the boroughs.
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Journal article London Journal article ABS64670 (Browse shelf(Opens below)) 1 Available 115355-1001

London housebuilders have called for a 25% cap on social housing quotas as a response to a proposed increase in affordable housing targets. Article presents both sides of the argument on affordable housing targets. Developers claim that the 50% target is unachievable, will negatively affect land values and are concerned that affordable housing costs will be offloaded onto the private sector. However, a GLA commissioned study into the financial viability of the 50% target in London boroughs found that increasing public subsidy would make the target achievable in two-thirds of the boroughs.