Merlin Rouge wrote:From my inbox just now:
"Please see below a link to the 35% Campaign - a campaign to secure the 35% affordable housing promised by Southwark Council in its Core Strategy for the Elephant & Castle regeneration. The largest planning application in the regeneration has just submitted - Heygate Masterplan ref: 12/AP/1092. It proposes no minimum level of affordable housing, hence our campaign. "
http://www.35percent.org/
I thought the page detailing the slow whittling away of the affordable housing % in the Elephant regeneration was pretty stark!
YNB79 wrote:Affordable housing in zoon 1, London… why do I need to subsidise people leaving that centrally… I will nether get this.
YNB79 wrote:Affordable housing in zoon 1, London… why do I need to subsidise people leaving that centrally… I will nether get this.
Gavin Smith wrote:YNB79 wrote:Affordable housing in zoon 1, London… why do I need to subsidise people leaving that centrally… I will nether get this.
Get real! Why shouldn't the government subsidise/provide 'affordable' houusing for those who don't earn £100,000+ a year? In any event, isn't it the developer that bears any cost associated with this rather than the taxpayer.
YNB79 wrote:The cost is born by people buying flats as the developer has to increase the prices of the rest of the development to breakeven. Moreover, this lowers his profitability and thus the taxes he pays (which hurts all of us), there are no free lunches (except if you are lucky enough to get to buy an affordable home in SE1 that is!)
MikeC - you can commute in from a zone 2-4… and if you can’t, then I trust market forces will increase wages so you afford to commute/rent etc.. .
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