A government is usually in power for five years - about the time it takes to deliver a development site in London, from planning to completion. The revolving door at No 10 is at the heart of why the housing shortage in London continues to disrupt the lives of people…
When anything is truly stuck - even if it is your car in the snow - it is always more effective to push as well as pull to get it moving. The same goes for the supply of housing.
Boris Johnson and George Osborne’s sales trip to China last month was fascinating. “Come and invest in our transport infrastructure and our developments,” urged the mayor of London and the chancellor. Yet they did not say, come and buy a house or a flat in the capital.
Planning in London remains paralysed, despite the government’s enthusiasm to create more housing than ever.
Property Week News, analysis, insight and events for UK property professionals