Newham Council has said it needs to move some of its poorer tenants out of London, because of the housing benefits cap. It has written to housing associations across the country to find accommodation. Newham says rising rents in London mean it cannot afford to pay for private rented homes.
It claims that families moving from richer areas in the capital have pushed the rents up, leaving no spaces for local people. However, the government accused Newham of "playing politics" and said affordable housing was available.
More top news
The London property market is expected to be the hardest hit as buyers sit it out to see how the economy will be affected.
The former London mayor paid tribute to David Cameron just hours after the Prime Minister announced his resignation.
The pound crashed to its lowest level in 30 years as Britain voted to leave the EU.