Who is going to be classed as a key worker though? Seems like everyone working during the pandemic was a key worker until the feel good factor wore off.
Meanwhile Scotland is undoing its rent controls as they caused rents to sky rocket. Sadiq is actively trying to introduce them, nothing I hate more than populism tbh
did a search for “tax” and didnt see any mention of this (perhaps I missed it) – wonder if this will count as a taxable benefit in the eyes of HMRC. Assume so?
agree with others – stupid plan, market intervention etc, just approve more housing!
Coming as soon as 2030! Lol
Excellent idea, and I just know the Boomer-Massive will agree with this policy as they all had the opportunity to get their hands on some tasty council housing back in the day.
It is not clear from the article who is going to finance these homes.
There have been hundreds of studies of rent controls, looking at data gathered over decades in the US and Europe. It’s an issue in economics that has a very strong consensus on the costs and benefits of these policies.
I moved to a new build key worker intermediate rent flat in 2006, and didn’t know they’d stopped them! The flat was lovely (for Manor Park), but the landlord was East Homes and they were terrible. Fortunately, they were so terrible that Newham Council became responsible for rehousing me so in a convoluted way I ended up better off in terms of both tenancy security (assured lifetime tenancy vs keyworker 5 year tenancy) and rent (social rent vs intermediate rent).
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Those so called “projects” worked out so good everywhere in the world…
how did I know “police officer” was not going to be on that list.
Excellent.
edit: turns out I was wrong, back to general grumbling about not being able to live in london despite working there
Can we not? Just approve more housing. Rent control doesn’t work and we have boundless evidence of this at this point.
List of key worker roles [https://www.london.gov.uk/sites/default/files/gla_housing_policy_practice_note_-_allocating_intermediate_homes_to_londons_key_workers_.pdf](https://www.london.gov.uk/sites/default/files/gla_housing_policy_practice_note_-_allocating_intermediate_homes_to_londons_key_workers_.pdf)
Who is going to be classed as a key worker though? Seems like everyone working during the pandemic was a key worker until the feel good factor wore off.
Meanwhile Scotland is undoing its rent controls as they caused rents to sky rocket. Sadiq is actively trying to introduce them, nothing I hate more than populism tbh
did a search for “tax” and didnt see any mention of this (perhaps I missed it) – wonder if this will count as a taxable benefit in the eyes of HMRC. Assume so?
agree with others – stupid plan, market intervention etc, just approve more housing!
Coming as soon as 2030! Lol
Excellent idea, and I just know the Boomer-Massive will agree with this policy as they all had the opportunity to get their hands on some tasty council housing back in the day.
It is not clear from the article who is going to finance these homes.
There have been hundreds of studies of rent controls, looking at data gathered over decades in the US and Europe. It’s an issue in economics that has a very strong consensus on the costs and benefits of these policies.
Then again, 6,000 new homes out of millions of rental properties in London won’t make much difference to the overall rental market, for good or bad. I expect a fight over [City Hall list of “worthy” jobs](https://www.london.gov.uk/sites/default/files/gla_housing_policy_practice_note_-_allocating_intermediate_homes_to_londons_key_workers_.pdf) though as it includes some oddities.
I moved to a new build key worker intermediate rent flat in 2006, and didn’t know they’d stopped them! The flat was lovely (for Manor Park), but the landlord was East Homes and they were terrible. Fortunately, they were so terrible that Newham Council became responsible for rehousing me so in a convoluted way I ended up better off in terms of both tenancy security (assured lifetime tenancy vs keyworker 5 year tenancy) and rent (social rent vs intermediate rent).
These already exist – [example](https://a2dominion.co.uk/en/services/Key-worker-homes). It’s great that more are being built, but Khan or the Standard should not be claiming that it’s a new concept he invented.
Here is your daily reminder that the margin for ‘affordable’ housing comes from the other units in a development.
Ie- everyone else pays more.
Another disastrous rent control experiment incoming
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