The Mayor of London announced the commencement of over 8,000 new homes, achieving this milestone five years ahead of the 2030 target. Last year saw the completion of more than 11,600 homes, with 6,700 classified as affordable. Critics argue that these figures reflect only a fraction of the needed homes, acknowledging a requirement for 88,000 new homes annually to address London’s housing crisis. Despite claims of a strong housing record, the opposition highlights significant shortfalls in achieving set targets and calls out for more focus on completed homes rather than starts.
Khan announced that over 8,000 new homes have been started, five years ahead of his 2030 target, with 11,600 homes completed last year.
Critics claim that the new homes represent only an eighth of the mayor's housing target, stating that only 2.5% of promised affordable homes have been completed.
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