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Council 'sleepwalking into a housing timebomb'

Council 'sleepwalking into a housing timebomb' titleshot
Kensington.londoninformer.co.uk
Published: 02:47 PM, 08 February 2010
By: Ed Saunt

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Kensington and Chelsea Council has admitted it will never be able to clear its housing list due to a shortage of properties in the borough.

Critics have said the council is 'sleepwalking into a housing timebomb' and, with housing budgets expected to be halved by 2011, both the cost of buying a home and the length of social housing waiting lists are likely to double again in the next ten years.

Kensington and Chelsea is the least affordable borough in the capital to buy property, with the
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