Why can't London build homes. London has been given a target of building 88,000 new homes per year to address its housing crisis. But last year, construction started on just under 6,000 homes, 94% below target, a 75% year-on-year decline, and the lowest figure since records began almost 40 years ago.This isn't a left versus right story of greedy developers versus social housing. The crunch is hitting both private developers and social providers, with both sides citing the same problems. The most acute issue ...