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Can employers help tackle the housing crisis?

Fifty Thousand Homes, a business-led campaign to double housebuilding in London to at least 50,000 homes a year by the end of the next Mayoralty in 2020, has launched a new report, London employers and assistance to employees with housing.

The report, undertaken with Grant Thornton UK LLP, reveals the impact that London’s housing shortage is having on businesses in the capital.

It found that eight in ten businesses (84%) believe that high housing costs pose a risk to the capital’s economic growth. Nearly half (48%) of the employers surveyed have taken steps to help their workforce deal with London’s high housing costs.

We recorded some of the key speakers on the day, including new deputy mayor for housing, James Murray, giving their views on how London can tackle the housing crisis.

Fifty Thousand Homes, campaign director, Mora McLagan, a blog outlining the key findings in the report.

The report marks the launch of an inquiry led by Fifty Thousand Homes in partnership with Grant Thornton. The inquiry will explore ways in which employers, the public sector and housebuilders can work together to improve the availability and affordability of housing in London.

If you would like to know more about the campaign or get involved, please contact Mora at mmclagan@londonfirst.co.uk

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