London's housing crisis: Is 'smart construction' the answer? Mortgage Finance Gazette
- Date: 11/10/2017
Kim Vernau, CEO at BLP Insurance, discusses how modern methods of construction and factory built houses should be embraced as part of the solution to the housing shortage.
The UK’s housing supply shortage is particularly acute in London. Now in his role for over a year, the Mayor of London Sadiq Khan has published his draft London housing strategy (followed by a three-month consultation period). Increasing the housing supply is one of five key priorities. Pressure on housing supply in the UK comes at a time when the average age of the construction workforce is increasing; creating a potential time bomb that will play out over the next ten years with the workforce reducing by 25% over the period.
Read the full article on Mortgage Finance Gazette's website.