The Fine Scale Spatial Dynamics of the Greater London Housing Market

In the London context, population and economic growth have created acute pressures on housing. London’s population is projected to increase by around 1.14 million to 8.71 million by 2026 (GLA, 2006a) whilst employment is projected to increase by 912,000 jobs between 2006 and 2026 (GLA Economics, 2007). The Further Alterations to the London Plan has set targets of building over 30,000 new homes per year to address this increase in demand. To meet sustainable development and regeneration aims growth is being directed to Inner and East London (Figure 1), with high density development concentrated at areas with good public transport accessibility (see GLA 2004, 2006b for further information).