So what actually happens is the developers pre-sell all the private apartments to overseas investors and use that money to build the place and pay off the backhanders to the council. When the place is being build, the council encourages new shops to the area, but when the project is compete, the building is about 25% actually filled, the new shops cant survive and go bust or move out and the place becomes a ghost town and southwark sits back and pockets the rates with no actual responsibilities.
The only outcome? you dump all the real people from these areas.
Say NO to anything but SOCIAL housing - so called 'affordable' housing is a joke; you need about £70k to afford te basic ones.