Boris has no answers to rent crisis

Labour’s housing spokesperson on the London Assembly Nicky Gavron says mayor Boris Johnson has “no answers” to the growing crisis facing those in London’s private rented sector.

As wages stagnate and rents soar by an inflation-busting 12 per cent, it was revealed that the mayor has no policies aimed at current rent levels and excessive rent increases in the private rented sector in his draft revised housing strategy.

Boris Johnson was responding to questions at a monthly mayor’s question time session. Sources close to the mayor were recently quoted saying private rents are “not something we’re worried about”**.

Speaking after the meeting at City Hall today, Labour’s housing spokesperson, Nicky Gavron highlighted that most Londoners already spend between 45 and 75 per cent of their take home pay on rent for two and three bedroom properties. 218,000 families with children currently live in London’s private rented sector.

Nicky Gavron said: “Year-on-year above inflation rent increases must be brought to an end so families and young Londoners starting out can feel secure in their homes and plan for their future

The mayor has no policies to deal with the spiralling cost of rents. He has no answer to this huge problem. He’s happy to lobby and campaign for a tax cut for the richest 1 per cent but won’t fight for the 850,000 households in London’s private rented sector.”

Notes to Editor

Nicky Gavron AM is the London Assembly Labour Group Spokesperson for Planning and Housing and the Former Deputy Mayor of London (2000-03 & 2004-08)

A 12% increase in median rents is the figure quoted during today’s Mayor’s Question Time by Boris Johnson.

A recent Shelter study highlights how unaffordable London has become, broken down by bedroom size and borough. More information on this report can be found here.

A book recently published by the London School of Economics found that, in many countries, rent stabilisation combined with high quality leads in the long term to a large, vibrant and viable private rented sector market. More information can be found here.

** Quote available here.

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About nickygavron

Former Deputy Mayor for London, London Assembly Member, Chair of Planning Committee, and Labour Spokesperson for Planning
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