Skip to content
Sunday 23 August 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE · FR
MorningWire

European business, markets and politics

FTSE 100
10,816.56
+0.64%
DAX
26,136.56
+0.59%
CAC 40
8,484.43
+0.37%
STOXX 50
6,462.22
+0.63%
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
More
GermanyFranceEU InstitutionsCompetitionPublic AffairsBankingTechnologyEnergy
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
  • DE
Tuesday 19 April 2016 6:35 am

London housing crisis: Build up, build out – or accept weaker growth

By: Caitlin Morrison

Add as a preferred source on Google

There's no accounting for taste. A new 30-storey block of flats on Edgware Road will either be “a monstrosity”, according to some local objectors, or “a vital way of providing the homes London needs” according to Priced Out, a campaigning outfit that calls for an end to the housing crisis.

The development was given the green light yesterday, but many others remain stuck in the planning system. In the opposing corner to Priced Out are groups such as the Skyline Campaign, who were appalled by yesterday’s decision and will continue to oppose the construction of new, tall residential buildings.

The situation is similar when it comes to office space in the Square Mile. The design of emerging skyscrapers is guaranteed to divide opinion, with the Walkie Talkie winning last year’s uncoveted Carbuncle Cup for the ugliest building in London. The Shard, more happily, has fared well in surveys of public opinion.

Aesthetics aside, a more fundamental debate concerns whether the City should permit the building of new skyscrapers (for which there is demand); plenty of people believe that there are already too many.

Cities are, inherently, places where people crowd together for the sake of economic efficiency, job prospects and cultural stimulation. As the population grows – a key sign of success – there are three options: build up, build out, or restrict both and accept a slower pace of economic growth.

Campaigners who oppose densification must explain which alternative they prefer, and the same goes for activists who cannot stand the thought of any building on the green belt (even in areas within the M25 such as Chessington and Barnet). Could the former tolerate some degree of sprawl, and could the latter cope with some higher buildings in more central locations?

The same goes for the leading candidates of next month’s mayoral election, neither of whom have been willing to endorse taller buildings, nor any relaxation of green belt rules. Both avenues are politically dangerous, so their positions are understandable – but unless they have the conviction to jump off the fence, London’s housebuilding story will continue to be one of complex demand-side interventions and stop-start development.

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • Opinion

Categories

  • Opinion

Trending Articles

  • Can debt-ridden Morrisons become a Big Four supermarket again?

  • Ratcliffe’s Ineos saves Runcorn plant

  • Mike Ashley’s Frasers offers to pay personal shoppers in Harvey Nichols takeover

  • Burnham predicted to raise taxes for ‘fundamental’ cost of living support

  • Amazon says it buys books in bulk to ‘improve products’

More from Morning Wire

  • Burnham to hand mayors power to overrule local councils’ planning decisions

    Politics
    Andy Burnham speaking at a press conference, wearing a suit and tie, addressing current political issues in Manchester.
  • The Debate: should we release female prisoners to make space for men?

    Opinion
    Brick prison wall with barred windows, razor wire, and a security camera.
  • Give London power to level up the rest of the country

    Opinion
    Business professionals in formal attire engaged in a lively discussion at a corporate meeting in a modern office setting.
  • Let them build homes near stations, but let them be beautiful too

    Opinion
    Two town planners examining a London monorail concept model with buildings and a proposed elevated train line.
  • Housebuilder Bellway calls for ‘immediate’ cut to stamp duty

    Property
    Barratt Redrow said it remained "confident" in its medium-term target of 22,000 homes a year.
  • ‘Cost of business crisis’ as government drives up overheads by 70 per cent in a decade

    Business
    Andy Burnham, Mayor of Greater Manchester, drinking a pint of beer in a busy pub setting
  • Luxury London property developer collapses as housing market slows

    Property
    Person walks past a real estate agents window displaying properties for sale and to let.
  • Litigation funders need certainty to keep Britain’s class action regime fair

    Opinion
    UK Supreme Court building, London, with intricate stone carvings and statues, under a blue sky
MorningWire

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • EU Institutions
  • Europe

Business

  • Markets
  • Business
  • Economy
  • Regulation
  • Competition
  • Public Affairs

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About Morning Wire
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 Morning Wire Ltd · Published by Morning Wire Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook