
Housing in South West London
South-west London has a serious shortage of housing. The population is growing fast putting even greater pressures on the existing housing stock. High house prices and rents, together with low wages, prohibit access to private sector housing for many.
Conversely, the proportion of social housing, at rents which people can afford, is relatively small. As a result, there is an estimated annual shortfall of 15,000 affordable homes which expresses itself as high levels of homelessness and difficulties in recruiting and retaining key workers unable to afford local housing. The existing housing stock requires significant investment to improve its condition and raise it to the decent homes standard.
The housing profile, however, offers a number of strengths. There is a good mix of tenures at a local community level and high rates of owner-occupation. And, whilst there are some major regeneration schemes, poor housing conditions tend to be dispersed rather than concentrated on large estates.
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