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That means at a time when starts on private homes in London have reached a two-decade high, we have seen the proportion of expected affordable housing nearly halve.
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Whether they're buying a blouse or tissue paper, young shoppers expect affordable products with stylish design elements.
Mr. Kliegerman said he expected more affordable units to come on the open market in the future.
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Up to 45% of the 1,500 new homes are expected to be affordable: a mix of social rent, shared ownership and intermediate market rent (set at about 80% of the market rental value of similar local properties).
And unlike most homebuilders, student-housing firms are not expected to build "affordable" housing— requirements which make it difficult for companies to build normal homes for rent.As more blocks are built, they suck students away from the terraces they used to rent.
The original plans were for 2,000 homes, of which up to 40% were expected to be affordable homes in the West Carlclaze and Baal area.
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