Multi Disciplined Building Contractor, Project Management, New Build, Renovation, Refurbishment & Extensions
A recent article on the Guardian website stated that London is in danger of losing many nurses, teachers and emergency service workers, due to the lack of affordable housing. The loss of these key workers is likely to cost the capital billions annually according to joint research from the University of Westminster and housing charity Dolphin Living. The situation could also cause the segregation of the south east where finance and occupation are concerned.
As the population in London alone is set to expand to 9.8 million by the middle of the next decade, there is a risk that key workers will begin to move elsewhere without action. It is critical for places like hospitals and schools to retain their specialised staff, as they contribute much to the economy as well as to society. These important workers have extremely challenging roles which are usually not reflected in the salaries they receive. An example of this is seen in the case of nurses who assist in returning thousands of patients to health and back into the workplace each year. Civil servants and those powering London’s vast tourism industry are also seen as key workers who boost the local economy.
According to professor Peter Urwin from the University of Westminster, amongst the estimated one million key workers across Greater London, the migration has already started. Rather than commute, people are looking for work closer to home, and the resulting exodus could ultimately cost the local economy £9.6bn. Alarmingly, in the borough of Westminster, the price of a typical house has risen to £961,000.
The government is attempting to address the housing shortage issue nationally by making available funds for the building of garden villages. There are 14 of these villages planned which will alleviate the housing situation across a broader area. The residents of these communities are expected to enjoy high quality affordable housing, without the need to commute to work, as the system is intended to offer a self sustaining solution.
Domestic, Commercial & Industrial Construction, Professionally Qualified Electricians, Gas Engineers & Plumbers