Posts tagged "luxury homes"

Rose Grayston
Rose Grayston

By Rose Grayston

Why are Grenfell survivors still living in hotels? The curious case of 100 West Cromwell Road

It’s now more than two months on from the Grenfell Tower fire, and many of those who survived this terrible event are still living in hotels, traumatised and without the basic comforts of home. Many survivors need time to grieve and recover before they can start to think about a permanent new place to live. But there’s no doubt that Kensington and Chelsea Council’s progress on identifying suitable accommodation, both temporary and permanent, has been far too slow for survivors.… MORE...

Rose Grayston
Rose Grayston

By Rose Grayston

Developers cannot be allowed to keep breaking their promises on affordable housing

In the aftermath of the Grenfell tragedy, the priority is to find secure, affordable homes for survivors in their community, and make sure they have all the support they need to move forward with their lives. It is encouraging to see homes starting to come forward, with 68 affordable homes in Kensington allocated for survivors so far.

But these are not additional homes. They are pre-existing affordable blocks fast-tracked and reserved for Grenfell families. And so there is a broader … MORE...

Rose Grayston
Rose Grayston

By Rose Grayston

How central London’s luxury property price falls could make housing even less affordable

All the signs point to a slow-down in the London property market. Central London house prices dropped by 6.8% between 2015 and 2016, while the numbers of new homes under construction plummeted by 75%.[1] The problem is located almost entirely at the top of the market, with sales transactions collapsing by 86% for properties worth more than £10 million.[2]

Central London property values are eye-watering, far beyond the reach of most working London households. A fall in house … MORE...