Will affordable housing be the casualty as London tackles its building emergency?
NegativeFinancial Markets

London is facing a significant housing crisis as construction activity declines, raising concerns that affordable housing may be sacrificed in the process. Mayor Sadiq Khan is under pressure following alarming reports from consultancy Molior, which highlight the severity of the issue. This situation is critical because it not only affects the availability of homes but also impacts the city's overall livability and economic stability. The pushback from Whitehall indicates a struggle between local and national priorities, making it a pivotal moment for London's future.
— Curated by the World Pulse Now AI Editorial System