A research project by Kath Scanlon, Melissa Fernandez and Christine Whitehead of the London School of Economics and Political Science for Get Living London. Click here to access the report.
International investment in the UK economy is normally highly prized. However international investment in residential property is at best regarded with suspicion and at worst seen as a disaster. The majority of statistics on the role of international investors in residential property come from the major estate agents and concentrate mainly on prime locations in central London. One big issue in understanding these statistics is that the definition of prime changes over… Read More
London’s housing—of all tenures—is widely considered to be a sphere of growing inequality and unaffordability: it is the most expensive in the country, an increasing number of potential households cannot form because of the extent of housing pressure and there is far more overcrowding than elsewhere. The increased cost of home ownership and private renting has put them out of reach for many, while social housing and other accommodation options for the… Read More
London’s population in 2011 at 8.2 m only just exceeds the population in 1951 – but falling household size and much higher incomes means far more housing is required Between 2001 and 2011 the population grew by 14% but the number of households only went up by 8%, increasing densities to the point where household size rose for the first time (from 2.4 to 2.5) and headship rates among younger households fell… Read More
In 2011 some 26.5% of London dwellings were rented (vs 16.7% in the rest of England) —a near-doubling from 12.7% in 1991. The main drivers of this shift to private renting include London’s population growth (both natural and through migration), its age profile (the capital has higher proportions of young people and students than the rest of the country), and the fact that would-be first-time buyers face increasing house prices and tightened… Read More
This collection of research, edited by Kath Scanlon of LSE London and Ben Kochan, explores international models for operating larger, more sustainable private rented sectors. Click here to access the report.