It used to be so easy. You left university, came to London and got yourself a flatshare in one of the cheaper areas: Notting Hill, Maida Vale or Highgate. Living was cheap and if it took you a while to find out what you really wanted to do with your life you could drift about a bit and get by. But now thanks to vast City bonuses and the influx of foreign billionaires, London house prices have soared beyond the reach of all but the seriously rich. Parts of Notting Hill and Kensington have become ‘buy to leave’ ghost towns, the houses boarded up and showing no signs of life. Shoreditch and Hackney, not long ago the hip new outposts for musicians and artists, are now home to well-paid professionals. And London is the worse for it.
That’s the argument of those who worry that London is becoming too rich to be interesting. But is there any evidence that the city is growing bland? Quite the reverse. On any evening almost wherever you go London’s streets are abuzz with life. People here crave a communal... Support this show http://supporter.acast.com/intelligencesquared. See acast.com/privacy for privacy and opt-out information. Learn more about your ad choices. Visit podcastchoices.com/adchoices
It used to be so easy. You left university, came to London and got yourself a flatshare in one of the cheaper areas: Notting Hill, Maida Vale or Highgate. Living was cheap and if it took you a while to find out what you really wanted to do with your life you could drift about a bit and get by. But now thanks to vast City bonuses and the influx of foreign billionaires, London house prices have soared beyond the reach of all but the seriously rich. Parts of Notting Hill and Kensington have become ‘buy to leave’ ghost towns, the houses boarded up and showing no signs of life. Shoreditch and Hackney, not long ago the hip new outposts for musicians and artists, are now home to well-paid professionals. And London is the worse for it.
That’s the argument of those who worry that London is becoming too rich to be interesting. But is there any evidence that the city is growing bland? Quite the reverse. On any evening almost wherever you go London’s streets are abuzz with life. People here crave a communal... Support this show http://supporter.acast.com/intelligencesquared. See acast.com/privacy for privacy and opt-out information. Learn more about your ad choices. Visit podcastchoices.com/adchoices
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