It seems that London developers in London and the South East have been outmanoeuvring London Boroughs, not one London local authority has met it’s ‘affordable housing’ targets.
Affordable housing is defined as housing whose value is 20% less than the open market.
At the same time, there are 7,500 empty local authority properties in London and an overall figure of 21,000 lying empty when taking the private sector into account.
