London: a Real Estate City as seen from the People’s Palace

The view of London from Alexandra Palace conceals more than it reveals. A ‘havoc’ of luxury residential and office towers gives London’s skyline a jagged edge. They are the product of an unaccountable and powerful alliance between global corporate capital interests and a cadre of London’s leading politicians, including the Mayor of London. This opaque ‘local market state’ severely cramps the life chances of working Londoners on average and lower incomes, demolishing Londoners’ secure council homes – and then denying Londoners the secure and genuinely affordable homes they desperately need.

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