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The Observer: "Boris Johnson has led cheerleading for the global super-wealthy as they buy up London's best housing, says damning report"

Link to web site

"... The research, part of a series of papers studying areas collectively described as the 'alpha territory', blames the shortage of affordable housing in the capital on three factors.

First, the ruling political class is compliant towards the super-rich and distanced not only from the housing conditions of the poor but also the middle classes, who now feel displaced by the global uber-wealthy.

Second, the government’s welfare cuts have been used to make prime neighbourhoods more attractive to rich foreign investors, 'as tenants and low-income households are priced out of spaces previously reserved for them by the state'.

Third, the unregulated private housing market 'disadvantages those who are already struggling to survive its excesses'."

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