The lack of affordable housing is one of the biggest challenges London faces. Owning or securely renting a decent home is the foundation for the lives people build in our city, and the massive shortage of homes for Londoners is making this an impossibility for many of us.
Although the current Mayor housebuilding plans seemed ambitious during the election, he has since dampened expectations of when any significant housebuilding could take place.
The London Liberal Democrats know it can be done – we have a fully-costed plan to build 200,000 homes by 2020. We would continue the Olympic Precept (which paid for the 2012 Olympic Games) at £20 a year, and use it to fund this housebuilding program.
We therefore call on the Mayor of London to match this ambitious target, with actions rather than simply words.
I back the London Liberal Democrat's call for 200,000 new homes to be built in London by 2020.