We have approved four grants under our Shared Wealth programme to challenge the prevailing wisdom that a primary driver of London’s ‘housing crisis’ is a shortage of land and homes.
In 2021, we approved four grants under our Shared Wealth programme, to the Centre for Public Data, Kingston University, Positive Money and Transparency International UK.
The work proposed under these grants will challenge the perspective that a primary driver of London’s ‘housing crisis’ is a shortage of land and homes. Through research and data analysis, these innovative projects will seek to expose the hidden drivers of housing and wealth inequalities as they relate to property ownership, foreign investment, QE (Quantitative Easing) and bank lending policy and the capture of planning policies.
The evidence and dialogue generated by the initiatives will create invaluable resources for housing campaigners, policy stakeholders and decision makers to work towards housing justice for low income Londoners.
- Centre for Public Data (36 months): The funding will assist campaigners who need property ownership information to drive change in London, by developing a web tool that maps corporate property ownership data across the capital. Alongside this, it will result in a series of research reports using this data, in partnership with campaigners and journalists.
- Kingston University (12 months): A research project that combines open ended, semi-structured interviews with HM Land Registry data on foreign ownership and a unique empty homes dataset to gain a greater understanding of the relationship between property investment coming from offshore tax havens and socio-economic inequality in London.
- Positive Money (12 months): A research project analysing the impact of Quantitative Easing (QE) and bank lending—which has led to house price inflation—on housing inequality in London. It will look at the unequal effects for different demographics across housing tenure, examine affordability policies and propose solutions.
- Transparency International UK (24 months): This funding is for research, media and advocacy work to highlight and evidence the impacts of the capture of housing policy on London and its citizens; and support the delivery of stronger safeguards against impropriety and capture in the planning process in London.
For more information, contact Rebecca Roberts, Grants Manager.