At a seminar held at its Westminster headquarters, RICS membersdebated with deputy London Mayor Nicky Gavron the claim thatunrealistic targets for affordable housing will lead tounaffordable development.
The RICS agrees that providing affordable homes is a crucialpart of the future development of London, but warns of the dangerswhich might follow if the GLA's 50% new building target is strictlyadhered to. The target of 50% may appear so unattractive todevelopers that plans are shelved and less housing is built.
The RICS believes a strategy for providing more affordablehousing in London must include a return to direct provision ofhousing for key workers such as policemen and nurses; allowinghigher density residential development; and incorporation ofaffordable housing in commercial developments.
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