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Evening Standard
Evening Standard
Politics
Rachael Burford

Rent increase warning as London's housing associations unable to build enough homes

Latest figures show new homes starts by London housing associations have fallen 76% - (PA)

London's largest housing associations have warned that decades of underfunding has left them unable to build enough homes as demand in the capital reaches critical levels.

Without urgent action they say rising rents, an exodus of key workers, and the continued spiralling of temporary accommodation costs which are forcing some boroughs to the brink of bankruptcy are inevitable.

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