New Garden City Won't Solve London's Affordable-Housing Problem
Ebbsfleet Garden City, a community of 15,000 homes, will go up 20 minutes by train from the center of London. The development is the government’s latest bid to increase its stock of affordable housing without interfering in downtown’s pricy real estate market.
But Ebbsfleet is likely to have little impact on London’s housing conundrum, argues Feargus O’Sullivan. As spiraling property values mean construction firms are content with small-scale projects, the development seems more an anomaly than a sign of real change.