The Role of Foreign Money

Battersea Power Station: an aspirational enclave

Site visit: BPS One recent July day, LSE London researchers visited Battersea Power Station (BPS) on the south bank of the Thames to look at progress on this enormous site, which will eventually have over 4000 new homes. Construction at BPS is proceeding much faster than on a typical for-sale scheme in London. This reflects the approach in Malaysia, home country of the scheme’s backers. Given the capital’s desperate need for new… Read More

Overseas investors and London’s housing market

The role of overseas investors in the London new-build residential market LSE London has just completed a study of the role of overseas investors in the London residential market for the GLA. (Click here to access the final report). We looked at the proportion of new homes sold to buyers who live abroad and at the proportion of those homes left empty; we also examined the contribution of overseas sales and finance… Read More

Housing in manifestos: the good, the bad, and the implications

On Monday 22 May LSE London convened a round table of London policy experts, housing practitioners and LSE academics for a Chatham House discussion of how the major political parties dealt with housing in their manifestos (see summary table below or click here for downloadable PDF version) for voters to consider on the 8 June 2017 General Election. What was good, what was bad, what was missing—and what were the implications for London?… Read More

LSE London’s response to the Fixing our broken housing market consultation

LSE London’s response to the Fixing our broken housing market consultation 2 May 2017 Members of the LSE London research group, together with academic and research colleagues from elsewhere, met on 26th April to discuss our response to the consultation around the Housing White Paper. Those endorsing this response are listed at the end of the document. Here we present an overview, plus responses to some specific questions. Overview Our overall response… Read More

LSE London / Regional Urban Planning Studies (RUPS) Lent Term Seminars

    LSE London’s 2017 Lent term seminar series begins on the 16th of January. Speakers from within and beyond LSE will focus on London’s current economic and political environment London, covering relevant issues such as London’s planning strategy, Brexit, gender, urban space, and right to the everyday life, West London corridor, suburban gentrification, TFL crossrail, and the Outer London Commission. Presenters include academics and practitioners from relevant fields. Each seminar is… Read More

The Mayor of London has asked LSE London to investigate the impact of foreign investment on London’s housing market

The Mayor of London, Sadiq Khan, has asked LSE London to conduct one of the most thorough investigations into the impact of foreign investment in London. This inquiry comes amid growing fears about rising costs in London. For the past few years, we have carried out research on the overall state of affairs of the housing market in London in relation to the broader UK context, as presented in our report, Housing… Read More

Rising to the Challenge: London’s Housing Crisis

On Thursday, 1 December 2016, LSE London launched the final report and recommendations on how to accelerate the supply of new housing in London. This was a culmination of discussions with specialists from central government, the GLA, and London boroughs together with a small number of other key actors from industry and academia. This event followed up on our interim report we published in June 2016, taking full account of changing political… Read More

Social mobility in Great Britain: evidence on obstacles young people face

The Social Mobility Commission published their annual report on the problem of social mobility in Britain. This year they placed strong emphasis on new evidence that suggests that for young people obstacles for social mobility are getting worse not better. The evidence they provide highlights four key areas that negatively affect the poor, low-and middle-income families and communities in England: a discriminatory education system, a two-tier labour market, an imbalanced economy, and… Read More

GLA publishes LSE London research on housing density

The Mayor of London commissioned LSE London research on housing density. This research data is meant to aid in the development of policies and preparation of the London Plan. Links to all of the reports can be found here. LSE London’s Christine Whitehead, Alan Mace, and Ian Gordon wrote two out of the the five reports. The first report titled, ‘Defining, measuring and implementing density standards in London’ (London Plan Density Research… Read More

Prof Christine Whitehead was one of the Keynote Speakers at the 2016 AREUEA conference

Prof Christine Whitehead gave one of the keynote speeches at The American Real Estate and Urban Economics Association (AREUEA) 2016 annual international conference held in Alicante, Spain. Christine’s presentation, titled ‘Is Social and Affordable Housing in Jeopardy?’ dealt with the questions of why social and affordable housing matter, the different definitions and practices across Europe over time, and a historical overview of financing models in Europe and in the UK. She also… Read More