Mayor's Report into Foreign Ownership of Housing

Meeting: 
MQT on 2017-07-13
Session date: 
July 13, 2017
Reference: 
2017/2701
Question By: 
David Kurten
Organisation: 
UKIP
Asked Of: 
The Mayor

Question

I note that the Mayor launched his inquiry into foreign ownership of London housing in September 2016, with much press coverage. However, I note that the report was subsequently published without a press release being issued and may be found buried deep in the GLA website, within the meeting papers for the Homes for Londoners Board which took place on 13 June. Given the fanfare with which this initiative was launched, why is that so?

Answer

Answer for Mayor's Report into Foreign Ownership of Housing

Answer for Mayor's Report into Foreign Ownership of Housing

Answered By: 
The Mayor

A press release was planned to be issued the day after the Homes for Londoners Board meeting where the report was discussed. However, given the terrible and tragic events of that day it would have been inappropriate to have done so.

The report was covered in detail in the Guardian newspaper on the day of the Homes for Londoners Board meeting and this can be found at: https://www.theguardian.com/society/2017/jun/13/foreign-investors-snapping-up-london-homes-suitable-for-first-time-buyers.