Ian Payne is Leading Britain's Conversation.
6 April 2017, 10:44
Sadiq Announces Two Major Policies To Solve Housing Crisis
Sadiq Khan has announced two big policies to solve London's housing crisis.
During today's Speak To Sadiq on LBC, the London Mayor unveiled two big policies to tackle the housing crisis in the capital - do you think they could make a big difference?
Khan joined James O'Brien in the LBC studio to take your calls and questions and when asked about the housing crisis, he announced two ways he plans to tackle what he admitted is "a marathon, not a sprint".
"I'm really proud to announce today that as a consequence of a deal I've done with one of the country's biggest housing assocations, L&Q, we've agreed an £8bn package with them.
"They will, over the course of the next five years, in London, start to build 20,000 homes. And 60% of them - 12,000 - will be genuinely affordable."
Khan then outlined another scheme that will see big firms offer a deposit loan to their workers - in the same way that some companies will offer a season ticket loan to their employees to help them pay for their commute.
"Often it's two, three, four months [for a deposit], many people can't afford it."
Addressing the caller Lee directly, Khan then spoke more broadly about the state of housing supply in the capital now:
"But I won't apologise Lee for saying that fixing the housing crisis is a marathon, not a sprint, but I tell you what: I think I've made a start on it."