Please sign the petition on Change.org, asking London’s Mayor, Boris Johnson, not to approve a £1bn plan to turn Henry VIII’s former Royal Dockyard at Convoys Wharf in Deptford into a luxury, high-rise housing development that would be more at home in Dubai.

All over London, housing developments that are unaffordable for the majority of Londoners continue to rise up, and equally unaffordable new projects continue to be approved. Councils are either cash-strapped and desperate, or they are seduced by developers’ promises that their developments will be of benefit to the community at large, even though the entry level for luxury developments is a household income of £72,000, way above the £53,000 that even a couple on the average UK income (£26,500) can afford. When you consider that the median income in the UK is £14,000 (the one that 50 percent of people earn more than, and 50 percent earn less than), it’s easy to see how the entire situation is out of control and is doing nothing for local people, or the majority of hard-working Londoners.

Down the road from where I live in south east London is Deptford, a vibrant but not affluent part of the London Borough of Lewisham, with a huge maritime history. Where Deptford meets the River Thames is the largest potential development site in the borough, Convoys Wharf, a 16.6 hectare (40-acre) site, which most recently was News International’s paper importing plant for printing Rupert Murdoch’s newspapers. Murdoch’s operation closed in 2000, and, since 2002, developers have been trying to gain approval for a massive luxury housing development on the site, featuring 3,500 homes — 3,000 of which will be sold “off-plan” to foreign investors — and including three towers rising to 40 storeys in height. Moreover, just 15 percent of the homes will be what is laughingly described these days as “affordable” (at 80 percent of market rents, these rents are actually unaffordable for most people), and just 4 percent will be for social rent (i.e. genuinely affordable) — that’s just 140 properties out of the total of 3,500. Read the rest of this entry »