Why are council estates in London being demolished at a time of housing crisis, replaced by luxury flats that most Londoners cannot afford to live in? This question is central to the work of writer Anna Minton.
Anna, whom we were delighted to welcome as guest speaker at our AGM on 9 November, is reader in architecture at the University of East London and the author of the acclaimed study Big Capital: Who Is London For?, published this year by Penguin. Speaking to an audience of Green Party members and supporters at Camberwell Library, Anna gave a powerful presentation, looking at the impact of the huge sums of money from overseas that have washed up in our city since the financial crisis. For these foreign investors, property is the commodity asset of choice, and London is, in effect, their tax haven.Read more
Council's plans continue to push out poorest
London Assembly estimates predict Southwark will lose 2,051 social rented homes as a result of current property schemes, and that across London 80% of building will only be affordable by 8% of the population. Southwark is in the bottom 3 boroughs for affordable housing.
So rather than creating a “fairer” Southwark, both current and previous councils have delivered a deal that is pushing our communities to the breaking point.
As Southwark Green Party, our candidates would call for:
- Residents to be balloted on proposed demolition
- Refurbishment over demolition (where it doesn’t put residents at risk)
- Improved resident consultations, taking into account local needs
- Supporting local community groups wishing to manage community assets
- Supporting community land trusts wishing to build homes
- Enforcing agreed social and affordable commitments by developers