Evening Standard | Homes for London

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var dartNoScriptJumpUrl = 'https://web.archive.org/web/20120502172549/http://dmgt.grapeshot.co.uk/eveningstandard/redirect.cgi?target=http://ad.doubleclick.net/uk/jump/'; var dartNoScriptAdUrl = 'https://web.archive.org/web/20120502172549/http://dmgt.grapeshot.co.uk/eveningstandard/redirect.cgi?target=http://ad.doubleclick.net/uk/ad/'; var dartSiteName = 'estil.uk'; var dartZoneName = 'es_eshomesforlondon'; var dartHomepageZoneName = 'es_eshomesforlondon'; var articleId = ''; var dartAdSize = 'sz=900x250'; var dartTile = 'tile=6'; var dartOptValue = ''; var ordValue = '550333545'; </script> <div class="widget ad dart widget-editable viziwyg-section-1825 inpage-widget-6661746">  <script type="text/javascript"> document.write('<'+'sc'+'ript type= "text/javascript" src="'+dartAdjUrl+'/'+dartSiteName+'/'+dartHomepageZoneName+';'+dartAdSize+';'+dartTile+';article='+articleId+';'+dartOptValue+'ord=' + ordValue +';gs_cat='+gs_channels+';'+segQS+'?"><\/'+'sc'+'ript>'); </script> <noscript> <a href="'+dartNoScriptJumpUrl+'/'+dartSiteName+'/'+dartZoneName+';'+dartAdSize+';'+dartTile+';article='+articleId+';'+dartOptValue+';ord=' + ordValue +'key=GS_CHANNELS;?" target="_blank"> <img src="/web/20120502172549im_/http://www.thisislondon.co.uk/news/mayor/homesforlondon/'+dartNoScriptAdUrl+'/+dartSiteName+'/'+dartZoneName+';'+dartAdSize+';'+dartTile+';article='+articleId+';'+dartOptValue+';ord=' + ordValue +'key=GS_CHANNELS;" width="728" height="90" border="0" alt="Click here...">Click here...</a> </noscript> </div> </div> </div> </div> <div id="content"> <div id="areas"> <div id="top"> </div> <div id="main"> <div class="widget code html widget-editable viziwyg-section-2074 inpage-widget-7468596"> <div id="homesForLondonSponsor"><a href="/web/20120502172549/http://www.thisislondon.co.uk/news/mayor/homesforlondon/"><img src="https://web.archive.org/web/20120502172549im_/http://www.standard.co.uk/standard.co.uk/commercial/homesforlondon/sponsor-image.png" alt=""/> </a></div> </div> <div class="widget stories topstory widget-editable viziwyg-section-1824 inpage-widget-7469695 default"> <div class="article news first default "> <div class="media news"> <h1 class="default"> <a href="https://web.archive.org/web/20120502172549/http://www.thisislondon.co.uk/news/mayor/homesforlondon/generation-rent-you-shoulder-the-real-risk-of-politicians-inaction-on-london-housing-7707054.html" class=""> 'Generation Rent': You shoulder the real risk of politicians' inaction on London housing </a> </h1> </div> <div class="text"> <div id="widget7469695-story7707054-picture7684150" class="topPicture"> <img src="https://web.archive.org/web/20120502172549im_/http://www.thisislondon.co.uk/incoming/article7684150.ece/ALTERNATES/w620/TOLetsigns.jpg" alt="" title="" width="620" height="848" onclick="location.href='https://web.archive.org/web/20120502172549/http://www.thisislondon.co.uk/news/mayor/homesforlondon/generation-rent-you-shoulder-the-real-risk-of-politicians-inaction-on-london-housing-7707054.html';" class=""/> </div> <div class="summary "> <p>So it's a pretty firm bet that a lot of us will never be able to afford our own homes in London. 'Generation Rent' - those who don't qualify for social housing but can't afford to buy - is in an even more vulnerable position than they realise. </p> </div> </div> </div> </div> <div class="widget code html widget-editable viziwyg-section-1503 inpage-widget-7573410"> <iframe src="https://web.archive.org/web/20120502172549if_/http://files.quizsnack.com/iframe/embed.html?hash=qzhi4mj1&wmode=transparent&t=1334036653" width="620" height="240" seamless="seamless" scrolling="no" frameborder="0" allowtransparency="true"></iframe> </div> <div class="widget stories custom widget-editable viziwyg-section-1824 inpage-widget-7468690 lead_article_2 default" id="lead_article_2"> <div class="article news first default "> <div class="text"> <h4> <a href="https://web.archive.org/web/20120502172549/http://www.thisislondon.co.uk/news/mayor/homesforlondon/who-will-answer-londons-housing-questions-7630986.html" class=""> Who will answer London’s housing questions? </a> </h4> <div class="intro"> <img src="https://web.archive.org/web/20120502172549im_/http://www.thisislondon.co.uk/incoming/article7631017.ece/ALTERNATES/w140/candidtates.jpg" class="left" alt="" title="" onclick="location.href='https://web.archive.org/web/20120502172549/http://www.thisislondon.co.uk/news/mayor/homesforlondon/who-will-answer-londons-housing-questions-7630986.html';"/> <div class=""><p>The Mayoral election is in danger of becoming a story of personality politics and personal taxes. Housing is one of the biggest issues affecting Londoners' quality of life and has so far been neglected in the mayoral debates.</p></div> </div> </div> </div> <div class="article news default even "> <div class="text"> <h4> <a href="https://web.archive.org/web/20120502172549/http://www.thisislondon.co.uk/news/mayor/homesforlondon/forget-buy-to-let--build-to-let-is-the-way-forward-7704166.html" class=""> Forget 'buy to let' - 'build to let' is the way forward </a> </h4> <div class="intro"> <img src="https://web.archive.org/web/20120502172549im_/http://www.thisislondon.co.uk/business/article6389281.ece/ALTERNATES/w140/For+Sale+signs" class="left" alt="For Sale signs" title="Flexible option: a drought in mortgage finance means renting is on the increase" onclick="location.href='https://web.archive.org/web/20120502172549/http://www.thisislondon.co.uk/news/mayor/homesforlondon/forget-buy-to-let--build-to-let-is-the-way-forward-7704166.html';"/> <div class=""><p>Grainger, the UK's largest landlord, thinks 'build-to-let' will have a valuable role to play in the UK propety market, with its chief executive describing it earlier this year as 'the next big thing'.</p></div> </div> </div> </div> <div class="article news default bottom"> <div class="text"> <h4> <a href="https://web.archive.org/web/20120502172549/http://www.thisislondon.co.uk/news/mayor/homesforlondon/has-the-green-belt-had-its-day-7697465.html" class=""> Has the green belt had its day? </a> </h4> <div class="intro"> <img src="https://web.archive.org/web/20120502172549im_/http://www.thisislondon.co.uk/business/article6664969.ece/ALTERNATES/w140/Construction" class="left" alt="" title="" onclick="location.href='https://web.archive.org/web/20120502172549/http://www.thisislondon.co.uk/news/mayor/homesforlondon/has-the-green-belt-had-its-day-7697465.html';"/> <div class=""><p>Nobody wants to see environmental degradation, but is the London green belt a yoke around Britain's neck? With population levels spiralling, house prices increasing and discretionary incomes plunging, could one of the single most effective steps to boosting the UK economy be to start opening up the green belt for development, creating jobs in the process? </p></div> </div> </div> </div> <div class="article news last bottom default even "> <div class="text"> <h4> <a href="https://web.archive.org/web/20120502172549/http://www.thisislondon.co.uk/news/mayor/homesforlondon/london-households-the-facts-7684151.html" class=""> London households: the facts </a> </h4> <div class="intro"> <img src="https://web.archive.org/web/20120502172549im_/http://www.thisislondon.co.uk/incoming/article7684150.ece/ALTERNATES/w140/TOLetsigns.jpg" class="left" alt="" title="" onclick="location.href='https://web.archive.org/web/20120502172549/http://www.thisislondon.co.uk/news/mayor/homesforlondon/london-households-the-facts-7684151.html';"/> <div class=""><p>Of the 3.3 million or so households in London, just over half own their own homes.</p></div> </div> </div> </div> </div> <div class="widget code html widget-editable viziwyg-section-1503 inpage-widget-7541591 x300"> <object id="flashObj" width="620" height="235" classid="clsid:D27CDB6E-AE6D-11cf-96B8-444553540000" codebase="https://web.archive.org/web/20120502172549oe_/http://download.macromedia.com/pub/shockwave/cabs/flash/swflash.cab#version=9,0,47,0"><param name="movie" value="http://c.brightcove.com/services/viewer/federated_f9?isVid=1&isUI=1"/><param name="bgcolor" value="#FFFFFF"/><param name="flashVars" value="playerID=1483850460001&playerKey=AQ~~,AAAAAFBfUR0~,APHItme33r0rqbLpv0e4URtt6XyrfBmj&domain=embed&dynamicStreaming=true"/><param name="base" value="http://admin.brightcove.com"/><param name="seamlesstabbing" value="false"/><param name="allowFullScreen" value="true"/><param name="swLiveConnect" value="true"/><param name="allowScriptAccess" value="always"/><embed src="https://web.archive.org/web/20120502172549oe_/http://c.brightcove.com/services/viewer/federated_f9?isVid=1&isUI=1" bgcolor="#FFFFFF" flashvars="playerID=1483850460001&playerKey=AQ~~,AAAAAFBfUR0~,APHItme33r0rqbLpv0e4URtt6XyrfBmj&domain=embed&dynamicStreaming=true" base="http://admin.brightcove.com" name="flashObj" width="620" height="235" seamlesstabbing="false" type="application/x-shockwave-flash" allowfullscreen="true" allowscriptaccess="always" swliveconnect="true" pluginspage="http://www.macromedia.com/shockwave/download/index.cgi?P1_Prod_Version=ShockwaveFlash"></embed></object> </div> <div class="widget code html widget-editable viziwyg-section-1503 inpage-widget-7573426"> <a href="https://web.archive.org/web/20120502172549/http://www.homesforlondon.org.uk/support?utm_source=evening-standard&utm_medium=webpage&utm_campaign=homes-for-london&utm_content=petition-link" target="_blank" style="margin:0 0 10px 0;border:none;"><img src="https://web.archive.org/web/20120502172549im_/http://i.thisislondon.co.uk/i/pix/escommercial/hfl-petition-button.png" alt="The next Mayor must create Homes for London - sign the petition now"/></a> </div> <div class="widget stories custom widget-editable viziwyg-section-1824 inpage-widget-7469697 lead_article_2 default" id="lead_article_2"> <div class="article news first default "> <div class="text"> <h4> <a href="https://web.archive.org/web/20120502172549/http://www.thisislondon.co.uk/comment/comment/ive-no-chance-of-ever-buying-a-home-in-london-7545222.html" class=""> I’ve no chance of ever buying a home in London </a> </h4> <div class="intro"> <img src="https://web.archive.org/web/20120502172549im_/http://www.thisislondon.co.uk/incoming/article7545504.ece/ALTERNATES/w140/AY48213876Estate+agents+boa.jpg" class="left" alt="for sale" title="Mansion tax: count yourself lucky you can afford to buy" onclick="location.href='https://web.archive.org/web/20120502172549/http://www.thisislondon.co.uk/comment/comment/ive-no-chance-of-ever-buying-a-home-in-london-7545222.html';"/> <div class=""><p>IF you are moaning at the mention of a mansion tax: congratulations! Through some combination of birth year, well-timed buying, inheritance or extreme self-made wealth, you've hit the jackpot in the London housing lottery. A little levy on a palatial home is a problem a lot of us would be happy to have.</p></div> </div> </div> </div> <div class="article news default even "> <div class="text"> <h4> <a href="https://web.archive.org/web/20120502172549/http://www.thisislondon.co.uk/lifestyle/london-life/are-you-feeling-the-squeeze-7543675.html" class=""> Are you feeling the squeeze? </a> </h4> <div class="intro"> <img src="https://web.archive.org/web/20120502172549im_/http://www.thisislondon.co.uk/incoming/article7543851.ece/ALTERNATES/w140/waist.jpg" class="left" alt="" title="" onclick="location.href='https://web.archive.org/web/20120502172549/http://www.thisislondon.co.uk/lifestyle/london-life/are-you-feeling-the-squeeze-7543675.html';"/> <div class=""><p>Rarely in modern times have British householders approached Budget day with so little coming in and so much going out.</p></div> </div> </div> </div> <div class="article news default "> <div class="text"> <h4> <a href="https://web.archive.org/web/20120502172549/http://www.thisislondon.co.uk/news/mayor/homesforlondon/worst-chance-of-getting-mortgage-in-30-years-for-firsttime-buyers-6547123.html" class=""> 'Worst chance of getting mortgage in 30 years' for first-time buyers </a> </h4> <div class="intro"> <img src="https://web.archive.org/web/20120502172549im_/http://www.thisislondon.co.uk/business/money/article6547126.ece/ALTERNATES/w140/Couple+house+hunting+mortgage" class="left" alt="Couple house hunting" title="Lean times: lenders are reluctant to give money to people with a small deposit" onclick="location.href='https://web.archive.org/web/20120502172549/http://www.thisislondon.co.uk/news/mayor/homesforlondon/worst-chance-of-getting-mortgage-in-30-years-for-firsttime-buyers-6547123.html';"/> <div class=""><p>Mortgage lending will fall to its lowest level for more than three decades next year with first-time buyers particularly hard hit, a trade body warned today.</p></div> </div> </div> </div> <div class="article news default even "> <div class="text"> <h4> <a href="https://web.archive.org/web/20120502172549/http://www.thisislondon.co.uk/news/mayor/homesforlondon/the-government-must-build-its-way-out-of-this-slump-6443717.html" class=""> The Government must build its way out of this slump </a> </h4> <div class="intro"> <img src="https://web.archive.org/web/20120502172549im_/http://www.thisislondon.co.uk/news/article6443721.ece/ALTERNATES/w140/Houses+in+Chiswick" class="left" alt="Houses in Chiswick" title="Dream on: not everyone can live in houses like these in Chiswick - Britain needs affordable new homes" onclick="location.href='https://web.archive.org/web/20120502172549/http://www.thisislondon.co.uk/news/mayor/homesforlondon/the-government-must-build-its-way-out-of-this-slump-6443717.html';"/> <div class=""><p>It is sometimes said that the only people who don't panic in a crisis are those who don't understand what is happening. On this basis we should be relieved that Deputy Prime Minister Nick Clegg sounded so edgy in his speech yesterday at the London School of Economics. When he talked about the "stark" new economic reality, he at least showed he was aware that the British economy badly needs a boost. Perhaps yesterday's depressing unemployment figures removed any lingering doubts.</p></div> </div> </div> </div> <div class="article news default bottom"> <div class="text"> <h4> <a href="https://web.archive.org/web/20120502172549/http://www.thisislondon.co.uk/news/mayor/homesforlondon/dream-of-renting-not-buying-a-home-minister-tells-affluent-londoners-6707142.html" class=""> Dream of renting not buying a home, minister tells affluent Londoners </a> </h4> <div class="intro"> <img src="https://web.archive.org/web/20120502172549im_/http://www.thisislondon.co.uk/news/article6707144.ece/ALTERNATES/w140/Jonathan+Shaw" class="left" alt="Jonathan Shaw" title="All walks of life: South-East minister Jonathan Shaw says renting is for everyone" onclick="location.href='https://web.archive.org/web/20120502172549/http://www.thisislondon.co.uk/news/mayor/homesforlondon/dream-of-renting-not-buying-a-home-minister-tells-affluent-londoners-6707142.html';"/> <div class="">Well-off people in London and the South-East should aspire to live in a rented home, says a minister.</div> </div> </div> </div> <div class="article news last bottom default even "> <div class="text"> <h4> <a href="https://web.archive.org/web/20120502172549/http://www.thisislondon.co.uk/news/mayor/homesforlondon/completely-given-up-hope-7541907.html" class=""> Completely given up hope </a> </h4> <div class="intro"> <img src="https://web.archive.org/web/20120502172549im_/http://www.thisislondon.co.uk/incoming/article7541900.ece/ALTERNATES/w140/Hounse+Hunting+2.jpg" class="left" alt="" title="" onclick="location.href='https://web.archive.org/web/20120502172549/http://www.thisislondon.co.uk/news/mayor/homesforlondon/completely-given-up-hope-7541907.html';"/> <div class=""><p>Housing, particularly the cost of housing, is one of the biggest issues affecting Londoners’ quality of life. Adrian is 30 years old, lives in Rotherhithe, and works as an accountant. 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