If London housebuilding is reliant on overseas investment, where do we go from here?
Commissioned in Autumn 2016, the final report of the London Mayor’s investigation into the role of overseas investment in housing was published last week – but its findings can be read in very different ways.
Based on research by the LSE, its major conclusion and argument is that off-plan and pre-sales to the overseas market are integral to the current development model in London – and therefore also key to leveraging more affordable housing through section 106 agreements on those sites.
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