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Affordability at what price?

By: Language: English Series: Property Week ; 73(4) 25 January 2008, 50-51(2)Publication details: 2008Subject(s): Summary: Examines London's residential market. Reports that the predicted slowdown in 2008 is unlikely to make it easier for buyers to get onto the housing ladder. Suggests that the Mayor's London Plan may be part of the reason why developers are not entering the affordable housing sector. The GLA is reducing the threshold for affordable developments from 15 to 10 in response to CBRE concerns that the threshold is making building too expensive. Provides land and housing statistics by borough and a league table of their performance against the mayor's targets.
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Journal article London Journal article L142298 (Browse shelf(Opens below)) 1 Available 142298-1001

Examines London's residential market. Reports that the predicted slowdown in 2008 is unlikely to make it easier for buyers to get onto the housing ladder. Suggests that the Mayor's London Plan may be part of the reason why developers are not entering the affordable housing sector. The GLA is reducing the threshold for affordable developments from 15 to 10 in response to CBRE concerns that the threshold is making building too expensive. Provides land and housing statistics by borough and a league table of their performance against the mayor's targets.