Archinect - Features 2024-11-08T15:41:11-05:00 https://archinect.com/features/article/149962603/ethical-dwellings-for-generation-y-explores-new-forms-of-living-and-owning-in-a-changing-london 'Ethical Dwellings for Generation Y' explores new forms of living and owning in a changing London Nicholas Korody 2016-08-13T06:08:00-04:00 >2018-01-30T06:16:04-05:00 <img src="https://archinect.gumlet.io/uploads/zi/zi50hbv6yn0v71se.jpg?fit=crop&auto=compress%2Cformat&enlarge=true&w=1200" border="0" /><p>While an average of 100,000 people move to London each year, only about 25,000 new homes are built annually: a <a href="http://www.telegraph.co.uk/news/2016/05/13/can-sadiq-khan-solve-londons-housing-crisis/" target="_blank">formula</a> that has produced a critical lack in affordable housing. The median rent in the capital city is &pound;1,400 and the average house price has passed &pound;600,000. In other words, only the very rich can afford to live in London.</p>