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"The London mayor, Sadiq Khan, has outlined plans to quadruple the proportion of 'affordable' housing being built in the capital, warning he will target 'greedy developers wishing to get maximum bang for their buck'.
"Khan criticised his predecessor Boris Johnson for leaving 'the cupboard bare' and said just 13% of new homes in the planning pipeline are currently classed as affordable.
"At the start of his second week in office, the Labour mayor told the Guardian he wanted more than 50% of homes on some new housing developments to be affordable. He said that did not mean 80% of market rent, as affordable is defined by the government, but far lower social rents or 'London living rent', which is pitched at a third of average incomes."
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