An affordability crisis occurs when prices, rents, taxes, interest costs, or other necessities rise faster than household incomes or households’ capacity to pay.
Affordability Crises is no longer affecting only low-income families. It has reached to homeowners, renters, seniors, young people, working families and small businesses. It is around every kitchen table in London.
City Hall cannot control the price of everything. But it can control how much it takes from your pocket, how wisely it spends your money and how hard it works to make life more affordable. City should spend each & every dollar like we spend from our pocket.
Every major decision at City Hall should pass one simple test:
- Will this make life easier or harder for Londoners?
Londoners are doing their part. City Hall must do its part too.
We need to reset the system