Affordable housing

Meeting: 
MQT on 2017-01-18
Session date: 
January 18, 2017
Reference: 
2017/0324
Question By: 
Peter Whittle
Organisation: 
UKIP
Asked Of: 
The Mayor

Question

Does the Mayor agree that affordable housing can often simply stoke up the housing bubble by introducing artificial demand at an artificially low price?

Answer

Answer for Affordable housing

Answer for Affordable housing

Answered By: 
The Mayor

No. Affordable housing does not "introduce artificial demand" it meets genuine need and helps boost overall supply.