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The promise of cross-subsidy: Why estate demolition cannot solve London’s housing emergency

Dr Joe Penny's report challenges the notion of London being in a "golden era of council home building" and asks what 'affordable' means for families who are displaced or in temporary accommodation.

The promise of cross-subsidy: Why estate demolition cannot solve London’s housing emergency

23 September 2024

In 2023, London Mayor Sadiq Khan launched a high-profile campaign saying that “London is in a golden era of council home building.”

Can this really be a “golden era” when there are record levels of homelessness? And what does “affordable” even mean when thousands of families are displaced and forced to live in temporary accommodation?

's report, 'The promise of cross-subsidy: Why estate demolition cannot solve London’s housing emergency', was commissioned by The Public Law Interest Centre.

Read the full report and explore the accompanying "What Golden Era?" guide to discover how wildly ineffective cross-subsidy models of estate regeneration are for providing affordable housing for low-income Londoners.