■ London needs more affordably priced homes. Failure to deliver these poses a major risk to the capital’s economic competitiveness at both a domestic and international level.
■ Policy intervention is required in order to reach the level of homes needed and shift the focus to the lower-value markets. Our analysis shows that current development models have let the market reach capacity, with net completions in 2017 expected to peak at 46,500.
■ New market-delivery models are needed. More Build to Rent and affordable housing is required, but London requires fundamental changes to the ways in which land is brought forward.