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Archive: land value tax

Guest speaker Anna Minton on the Southwark demolitions and London's housing crisis

Posted on News and Views by Tracey Beresford · November 12, 2017 6:56 PM

Anna_minton_at_AGM.jpg

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.

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