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"There are lots of myths and misconceptions about many big ideas.
"With housing, there is the idea that planning and land availability are the biggest barriers. That’s just not true. Planners give consent for lots of things, which then get stalled because of fear of the market.
"There are a lot of developers sitting on their hands because of uncertainty over the market. I got planning for 10,000 homes in Greenwich Peninsula, for example, and for 1,000 in Chelsea. So that proves it isn’t lack of land, or a planning problem. There must be huge other factors.
"If houses are needed on one side, and planning has been granted on the other, then what’s in the middle, stopping it? It must be to do with finance.
"Finance, and a muddled marketplace."
The Future of London's Property Market
20 March, 6.45pm until 8pm
Emmanuel Centre, Westminster
Free tickets available from: standardevents.co.uk/housing
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