OPINION – London’s housing crisis is existential – but we fixed it before, we can do it again

Homes & Property

It is easy to despair over London’s housing crisis.

The city is building fewer homes than it has for decades, a trend which looks set to get worse. The average rent of a two-bedroom home is more than £2,200 per month and even renting a single room can cost well over £1,000 a month. First-time buyers now need to find a £134,000 deposit — well beyond what could be saved by forgoing takeaway coffees (especially if you bear that rent figure in mind).

Homelessness is at epidemic levels. Almost 75,000 families are living in temporary accommodation, an…

This post was originally published on this site

Leave a Comment

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.