Jones Lang LaSalle Welcome Government London Housing Fund

Jones Lang LaSalle responds to the announcement made today by Eric Pickles stating £3bn of government funding will be provided for housing and regeneration projects in London.

Jon Neale, Residential Research Director commented on the announcement that: “This is good news for London and reinforces the government’s commitment to giving cities and neighbourhoods greater control over where housing and regeneration funds are spent.

“London has some of the most severe affordability and housing undersupply issues in the country and resolving these are crucial to its continued role as the engine room of the British economy.