House Price Inflation in London

Meeting: 
MQT on 2014-12-17
Session date: 
December 17, 2014
Reference: 
2014/5104
Question By: 
Stephen Knight
Organisation: 
Liberal Democrats
Asked Of: 
The Mayor

Question

What, if anything, do you believe should be done to curb the high rate of inflation in London's housing market?

Answer

Answer for House Price Inflation in London

Answer for House Price Inflation in London

Answered By: 
The Mayor

The only long-term solution to ensure affordability of market housing in London is to massively increase new supply to match demand.