Camden is witnessing its highest number of new home constructions since the pandemic, with 582 units completed in the past year, according to government data. While this is a positive trend post-COVID-19, it falls short of the pre-pandemic peak of 930 homes. The Secretary of State for Housing has pointed out the urgent need for housing development, threatening action against developers who leave projects unfinished. Despite the increase, less than half of the new homes are affordable, and only a small fraction of them caters to social rent, highlighting significant ongoing challenges in the housing sector.
The number of new homes being built in Camden is at its highest level since the pandemic, with 582 new units completed in the last year.
Angela Rayner criticized 'years of inaction' in housing, warning that developers could lose land if they do not complete unfinished housing projects.
Less than half of the new homes built in Camden were affordable, with the count of affordable homes reaching a seven-year high—but still insufficient.
Only seven out of 262 new affordable homes were designated for social rent, illustrating the ongoing challenges in providing low-cost housing options.
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