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22 September 2016
Even [Sadiq] Khan's predecessor Boris Johnson campaigned with several plans to build 55,000 new homes in London and to slow down the price increase caused by demand pressures. Up to the end of his tenure, he failed. Khan says ''Our city needs more than 50,000 new apartments a year''. Paul Cheshire, real estate expert and former Professor of geography at the London School of Economics (LSE), already had been critical of Johnson's plans and also thinks Khan's promise is hard to meet. ''The goal is indeed desirable, but to achieve it, one would need a magic wand,'' Cheshire said.
This article was published online by Handelsblatt on September 22, 2016
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Paul Cheshire webpage
Urban Programme webpage
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