News for hackers. Stuff that matters.
Re:London: the city that ate itself by zimpenfish on Tuesday June 30, 2015 @12:36PM (#9806499)
"Writing for The Independent, the former Olympics Minister pledged to tackle the "scandal" of London's 22,000 empty homes, saying they could house 55,000 people - about half the 114,000 Londoners living in temporary accommodation such as bed and breakfast." (Jan 2015)

http://www.independent.co.uk/news/uk/politics/tessa-jowell-i...

Re:London: the city that ate itself by vidarh on Wednesday July 01, 2015 @08:11AM (#9811308)
22,000 empty homes in a city of 8.5 million is exceedingly low. Using their own calculation of 2.4 people per home, and assuming this holds for the entire population, that is 0.6% of the housing mass.

Consider the many reasons why properties will lay empty, such as for example:

* Owner dies; handling the estate can sometimes take a year.

* Refurbishment can drag out; it's not unusual for large scale building refurbishments to take a year or two.

* Uncertainty over developments; e.g. near me a building of flats stood empty for 2 years or so because it was slated for demolition to make way for new developments that is finally now underway.

When you factor this in, 0.6% minus the "acceptable" reasons simply doesn't leave much room left for any large number of homes to have been left empty for no good reason.

The real scandal is not that there are 22,000 empty homes, but that consecutive governments have left councils in a state that means they don't have the available council flats to find longer term homes for those they are legally required to assist with housing for. They are in temporary housing not because housing can't be found, but because doing so means spending over the "wrong" budgets, and spending too much to replenish council housing that was sold off cheaply starting with Thatcher and that now would cost a fortune to replace because you'd be competing with quite wealthy people willing to stretch far to avoid being displaced further out of the centre of town.