http://ippr.org/read/city-villages-more ... -belongingIn chapter 1.2 Steve Bullock, the mayor of Lewisham, and Barry Quirk, chief executive of Lewisham Council, describe London’s housing crisis from a local and demographic perspective. It is not just that the capital’s population has risen by nearly 2 million in the last 20 years, while the rate of housebuilding has fallen. Pressure on housing supply is set to become still stronger in the next decade, as London’s population grows from 8.6 million towards 10 million. The age/locality distribution of the population is exacerbating this pressure. Across inner London there are now nearly three times as many 29-year-olds as 12-year-olds, such is the scale of in-migration among young people starting careers and families. There are also more than one and a half times as many 1-year-olds as 12-year-olds in inner London, and these baby boomers will in due course also require extra housing. As they put it starkly: ‘The problem we face is that there is a generation of development missing between 1980 and 2014, and developers and public authorities are both engaged in a rapid “catch-up” exercise.’
BUILDING BELONGING – BULLOCK & QUIRK
BUILDING BELONGING – BULLOCK & QUIRK
From an IPPR publication launched yesterday
Re: BUILDING BELONGING – BULLOCK & QUIRK
Yes Tim
We do indeed have a serious problem.
At present the London Employment market supporting most citizens , but can we assume that this will continue. Only yesterday HSBC advise moving their UK HQ back to its routes in Birmingham. Many highly paid jobs lost.
When I travel round our great city I see new building all the time. Maybe it is a fluke and it is only where I travel.
Surely the worst scenario would be to build house for 2 million , who in the end do not turn up. We know from past demographics in London that what is expected does not always occur. If jobs go so will the people.
I do appreciate no one knows for certain how many in London in say 20 years time.
Bullock and Quirk sound like a firm of Solicitors.
We do indeed have a serious problem.
At present the London Employment market supporting most citizens , but can we assume that this will continue. Only yesterday HSBC advise moving their UK HQ back to its routes in Birmingham. Many highly paid jobs lost.
When I travel round our great city I see new building all the time. Maybe it is a fluke and it is only where I travel.
Surely the worst scenario would be to build house for 2 million , who in the end do not turn up. We know from past demographics in London that what is expected does not always occur. If jobs go so will the people.
I do appreciate no one knows for certain how many in London in say 20 years time.
Bullock and Quirk sound like a firm of Solicitors.