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Zac Goldsmith: housing crisis number one priority in London – what needs to be done

Zac Goldmith MP millionaire environmental activist and Conservative party London Mayor hopeful. speaking on the housing crisis 

Key Points 

*promising publicly owned brown field land away from government agencies TFL NHS

*protracting their finances , which is used to buy property which are then left empty

* and key to build high quality housing not just quantity for, Londoners not the fraudulent sense of people 

Zac Goldsmith MP speaking on the housing crisis in london 

There is little doubt: housing is the number one concern of Londoners. A whole generation, possibly two, have little hope of getting on the housing ladder.

There is no escaping the maths: London’s population is soaring, adding to existing pressures.

And this problem is compounded by the fact that people are spending more than half their income on unsustainably high rents, giving them little chance to save for a deposit.

This issue is not merely hurting London’s families. It is also hurting London’s competitiveness, with housing over-taking even transport as a key concern for London’s business leaders.

There is no single answer to this difficult problem. However, there is much that can be done.

We need a relentless focus on releasing publicly-owned brownfield land for development, putting empty homes back on the market and a London-first bias for new developments. We also need the consent of communities - working with, not against them – to build the right homes for the communities they are built in.

London also needs a fair deal from central Government. I would campaign, like Boris, to ensure Right to Buy receipts raised in London, stay in London, and are ring-fenced to build more housing in the capital.

Finally, I would take action to support London’s two million private sector renters , who are subject to high rents and sometimes poor-quality housing. Building on the London Rental Standard, I would like to see landlords offering longer-term tenancies, more certainty over rent increases and also ensure rogue landlords are brought to justice.

Jan 2016 

Back Zac's Action Plan for Greater London

Over the next four years, if elected as Mayor, Zac Goldsmith will work with the Government to:
Start fixing London’s housing crisis by:

Doubling home building to 50,000 a year by 2020 and ensuring development is in keeping with the local area
Giving Londoners the first chance to buy new homes built in London
Ensuring a significant proportion of all new homes are only for rent and not for sale
Improve the capacity and reliability of London’s transport system by:
Ensuring the Night Tube goes ahead, starting Crossrail 2, and growing the rail network
Bringing suburban rail services under the Mayor’s control to increase and improve the service
Protecting the Freedom Pass
Improve London’s living environment by:

Protecting the green belt from development
Tackling air pollution with tougher rules on HGVs, and encouraging greener vehicles and safer cycling
Creating more green spaces and cleaning up local parks so they are safe to visit and enjoy
Make London’s streets safer by:
Protecting neighbourhood police teams and keeping them on the street
Tackling the root causes of crime in local communities
Putting more police on public transport at night
All paid for without increasing Mayoral council tax.

Back Zac's Action Plan for Greater London:

Further Reading

Labour conference: Sadiq Khan >"I'm going to make the election a referendum on London's housing crisis"

Newly Elected Labour Candidate, for Mayor of London, Sadiq Khan, outlines his Housing Policies

Taylor Wimpey CEO Peter Redfern will lead Labour Housing Redfern Review
What Jeremy Corbyn's leadership victory may mean for housing policy in the UK

Marie's Question >Jeremy Corbyn The New Labour Leader takes his seat in the Houses of Parliament

Building Markets for the Good of People > BoE Open Forum

Bank of England concerns over Property buy-to-let boom

Government ministers and housing association leaders have negotiated a deal to extend the right-to-buy policy

How low can you go ? speech by Andy Haldane BoE Chief Economist

Three Truths about Finance - Governor of BoE - Mark Carney

Mortgage Lenders and Administrators statistics Bank of England Sept 2015

property eCommerce is booming !

Government ministers and housing association leaders have negotiated a deal to extend the right-to-buy policy