The motion below has been submitted to the London Young Labour conference in January by a group of Marxists who are young members of the Labour party in London. If you are also a London Young Labour member and would like to put your name to this motion please get in touch via contact@marxiststudent.com or through the Marxist Student Federation facebook page.
London Young Labour believes that:
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The housing crisis is one of the most significant threats to the standard of living of young people in London
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The resources exist for everyone to have a comfortable and affordable home
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The primary reason for the housing crisis is the pursuit of profit by a small handful of large construction companies and private landlords, which trumps the satisfaction of the needs of the vast majority of Londoners
London Young Labour mandates the committee to:
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Launch a campaign immediately for a massive programme of affordable house building
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Argue that this programme must be carried out and funded by the largest construction companies and private landlords
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Launch a campaign for the immediate nationalisation without compensation of the businesses and land necessary to carry out this programme in the event that the private owners refuse to participate