(9 years ago)
Commons ChamberI thank my hon. Friend for his intervention. Of course I welcome the opportunity to visit his constituency to see what he has described.
While my hon. Friend is doing a tour of London’s stations, perhaps he could visit Angel tube station, which has the longest escalator in the country, but no lifts. In fact, a Norwegian student skied down the escalator, which my hon. Friend can see on YouTube. Disabled people are unable to get to the Angel, because there are no lifts available for them.
I have never had so many kind invitations in my life. I will enjoy the two visits that have been lined up. I wonder whether there is a third such visit.
I thank my hon. Friend for that intervention; £75,000 is a king’s ransom to many people. It is not affordable in any way, shape or form.
I can give my hon. Friend another example of public land that has been frittered away by the Mayor of London: Mount Pleasant, which used to belong to Royal Mail. It was privatised and has since been used for luxury flats. There are no affordable homes there for Islington residents. It is a disgrace. The Mayor of London railroaded that change through, in the teeth of united opposition from local people who are desperate for housing.
I thank my hon. Friend for that fine example. It appears that there is huge potential for land development in central London. Property developers snap up public sector properties for luxury homes, driving those who cannot afford to buy them out of central London. This will keep going, believe me; that is what is happening in the capital. She mentioned that in her constituency alone, there are 21,000 people on the housing list. How will the proposal help any one of them, in any way, shape, or form? How many children are associated with those 21,000 people? How many people just want a decent property to rent? Many people cannot even afford to rent these properties, but big property dealers snap them up. Someone mentioned gangsters, I think with tongue in cheek, but international corporations and individuals with money to burn will buy these properties in the city. They will be snapped up in seconds. That land, which is really owned by, and should be for the use of, the public—constituents—in London, will be lost for ever.
I am not sure I would be comfortable with assurances from the likes of Transport for London on the split between private and public. I have the simple view that Transport for London, as its name suggests, should look after the transport systems in London. It should involve itself in upgrading and updating the transport infrastructure in London, and perhaps not in property development. I would draw the line there. Perhaps my view is wholly different from that of other people on that issue.
That is a point well made, but if there is land that can be developed, I, for one, would not stand in the way of that. If we get a promise from TfL that half the property will be social housing—that, frankly, is what affordable housing means in inner London—it may well find that it has more friends than it thinks it does. At the moment, we are nowhere near that. In fact, we have the exact opposite. We are told that zones 1 and 2 will not even have what is laughably called affordable housing.
That is interesting. It shows that Labour Members are open to the potential development of land, as long as assurances are given by Transport for London that guarantee the split of the asset. I am not sure whether I would accept such guarantees, but it is important that people recognise that if guarantees were given, there would be room at the table for much more consultation and discussion.
That point was made by my hon. Friend the Member for Westminster North (Ms Buck), who mentioned that ordinary people in London are jaundiced by the experiences they have had before. The police station or the fire station is bulldozed, there are the luxury flats that people do not live in, and then we have ghost towns, which means that there is a downward spiral in the local economies. The only people who make anything from it will be the property developers.
My hon. Friend is making a powerful point. The fact is that our communities are being hollowed out. We do not object in principle to people coming from all over the world to live in London, as they always have done, so long as they do live here—it is buying properties and leaving them empty that is the problem.
That is a good point. London is a fantastic multicultural community, and we welcome people from all corners of the globe. We welcome them coming here to spend their money—of course we do. What is unacceptable is what the people of London could face if this Bill goes through. Property developers will be coming in, snapping up the land, and giving money to Transport for London that it should have had in the first place if it had not had these huge cuts, with more to come. That is the real issue.