Affordable housing (2)

Meeting: 
MQT on 2015-03-25
Session date: 
March 25, 2015
Reference: 
2015/0933
Question By: 
Tom Copley
Organisation: 
Labour Group
Asked Of: 
The Mayor

Question

What is the estimated multiplier effect currently associated with GLA investment in affordable housing in London?

Answer

Answer for Affordable housing (2)

Answer for Affordable housing (2)

Answered By: 
The Mayor

The estimated multiplier effect currently associated with GLA investment in affordable housing in London is 2.84 (i.e. every £1 of investment in construction is estimated to generate a total of £2.84 in total GDP).