Are property investors good or bad for London?

03 March 2015

This meeting took place on 4 March 2015. Read the transcript here.

Much has been said about investor buyers recently. But are they really having a big effect on the London housing market?

Are they snapping up properties at the expense of ordinary Londoners – or is their investment kickstarting development that wouldn’t have gone ahead?

Is the investment influencing the choice of homes developers are building, i.e. luxury bachelor pads instead of family homes?

The London Assembly Housing Committee will tomorrow investigate investor buyers and what problems, if any, they present for housing in the capital. It will hear from the following guests:

Katy Warrick, Head of London Residential Development Research, and Jim Ward, Director of Residential Research and Consultancy, Savills

Professor Peter Rees, Professor of Places and City Planning, The Bartlett, University College London

Ian Fletcher, Director of Policy (Real Estate), British Property Federation

Paul Hunter, Head of Research, the Smith Institute

The meeting will take place tomorrow, Wednesday 4 March from 2:00pm in the Chamber, City Hall (The Queen’s Walk, London SE1).

Media and members of the public are invited to attend. The meeting can also be viewed via webcast.

Notes for Editors:

The agenda and committee papers are available here.

Darren Johnson AM, Chair of the Housing Committee is available for interview. See contact details below.

As well as investigating issues that matter to Londoners, the London Assembly acts as a check and a balance on the Mayor.

For media enquiries, please contact Ash Singleton on 020 7983 5769. For out of hours media enquiries, call 020 7983 4000 and ask for the London Assembly duty press officer. Non-media enquiries should be directed to the Public Liaison Unit on 020 7983 4100.