London's housing crisis has reached alarming levels, with high prices forcing people to bid on rentals and making it increasingly difficult to secure affordable housing.
The Brownfield Land Release Fund, worth £68 million, aims to repurpose dilapidated land across England into viable housing sites, addressing the urgent housing demand.
Prime Minister Kier Starmer emphasizes the importance of transforming disused industrial sites into homes, claiming it will not only boost housing but also create jobs and infrastructure.
Camden stands to benefit the most from the BLRF with £3.3 million, though the challenge remains to ensure building homes remains cheaper than purchasing existing properties.
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