This year it's predicted that London's population will reach over 8.6 million – the highest it's ever been. Ordinary people are being priced out and it is beginning to affect the economics of the city. Is a simple solution that navigates the complexity of the property landscape even possible?
House prices are going stay out of reach for most middle-income Londoners: the web developers, teachers, journalists, nurses, designers, vets and engineers who help make London what it is.
Even the most optimistic projections show that there aren't enough homes being built to meet the demand. That means house prices are going stay out of reach for most middle-income Londoners: the web developers, teachers, journalists, nurses, designers, vets and engineers who help make London what it is.
There's no magic bullet solution but Pocket has been leading the way in creating a new type of affordable one bedroom home that gives London's city makers a fighting chance. And it isn't stopping there. At the end of last year, Pocket asked 20 leading architects to see if they could replicate the Pocket approach for a two-bedroom home. A solution for the people who breathe life into the city, the ‘city makers’ looking to share the cost, or wanting to start a family.
The response was amazing. We spoke to Hawkins Brown, our favourite entry, about their idea, the Pocket philosophy, and the trials and tribulations of London housing.