Liberal Democrat Caroline Pidgeon has set out how the Mayor of London and City Hall could fund a large scale home-building initiative across the capital - stimulating demand across the whole economy at the same time as addressing the shortage of affordable homes and guarding against the risk of a housing bubble.
As Mayor, Caroline will retain the Olympic Precept at £20 a year and convert it into a Housing Precept. This "Olympic Housing" effort will enable us to access £2 billion of funds. We can build 50,000 new council homes and 150,000 homes for private rent and sale.
Please sign our petition supporting our plan to start tackling London's housing crisis.
I back Liberal Democrat plans to create a new £2 billion housing investment fund to deliver 200,000 new homes across London.