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Evening Standard
Evening Standard
World
Jitendra Joshi

London social housing crisis costing UK economy nearly £8 billion, new research says ahead of election

Britain’s incoming government could unlock nearly £8 billion in value for the UK economy by getting everyone off waiting lists for council homes in London, according to new research.

With a host of hurdles in planning and finance holding up new construction, housing associations responsible for building the bulk of Britain’s affordable properties said one “simple” reform would give them more certainty to invest.

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