Addressing The Capital’s Housing Shortage
The exhibition revealed how we propose to tackle the housing shortage in London...
London has become inhospitable to families, where too often, investment assets are favoured in pursuit of quick returns from international buyers and the occasional user. Families are the glue that binds London’s communities, but the capital’s housing shortage is driving them out of town. Lack of supply has made family homes unaffordable to buyers, while rents continue to rise. The charity Shelter, cites that a minimum income of £52,000 is now required to rent a two-bedroom flat.
Estimates say that London needs 50,000 new homes a year to meet growing demand. Currently, only half of those are being built. Unless new housing solutions are found, London’s home shortage will impact on its ability to compete as a world city. HWO’s high-density family housing is inspired by the classic Victorian terrace, and their perfect location is East London’s brownfield sites.
The exhibition provides a fascinating insight into the regeneration and redevelopment of East London and showcases four current housing projects – innovative mixed-use developments at Fish Island, Hackney Wick, Stoke Newington and Old Street roundabout. There will be video animations, and screenings will include interviews with HWO clients Aitch Group, NFS Investments, the Lakes by YOO and KLH.
Check out HWO's youtube pages to see the videos on display at the exhibition: