Lewisham one of top boroughs for new homes

The Evening Standard reports that boroughs in central south and east London will accommodate the majority of new homes built in the capital in the next decade:

A building spree in six inner-city boroughs — Greenwich, Lewisham, Southwark, Tower Hamlets, Newham and Wandsworth — will account for almost 60 per cent of the 278,000 new homes planned for London during the next decade. 

Analysis [by estate agents Knight Frank] of the capital’s “development pipeline” reveals likely hotspots and provides valuable research for home buyers, and for investors hoping to buy the right property in the best investment area. And as the population growth in those six boroughs is predicted to be among the highest in London, demand for housing is set to generate prices rises in these areas.

Following the recent news that the Royal Docks will be regenerated as a centre for Chinese businesses in the capital, this is more evidence that London's centre of gravity is moving inexorably eastwards. The increase in housing brings with it its own challenges, but more homes mean more people, mean more life, energy, variety and employment in the area.