HOUSING

The gentrification problem

With the capital facing a complex list of housing challenges, the recent London Housing Conference brought the public and private sectors together to share perspectives and work towards solutions. How did they get on? Ann McGauran reports

In London, the housing crisis is right up there alongside Brexit in the list of issues making residents most anxious.

High rents stand out as a key concern, and housing benefit rates have failed to keep pace. There is also a growing perception that a process of neighbourhood ‘gentrification' is pricing residents out of communities. Nearly 7,500 people sleep rough on the city's streets, and the system of council-provided temporary accommodation is at breaking point. Buying any London home is completely out of reach for more and more people in the capital.

Ann McGauran

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