05 Sep '11, 1pm

Survival of the financially fittest? Where the London Plan is leading us | Joe Penny

Survival of the financially fittest? Where the London Plan is leading us | Joe Penny

If left unchallenged, the London Plan and the housing benefit reforms will together speed up a process of gentrification that has continued across the capital since the 1970s. For some this may not seem like such a big issue; surely we should celebrate nicely renovated Victorian terraced housing and the proliferation of bijoux boutiques. Are they not better than run down shabby neighbourhoods where houses are overcrowded and local economies stutter? Others know better: social heterogeneity is a source of London’s appeal which must be protected from the vagaries of unfettered capitalism.

Full article: http://www.neweconomics.org/blog/2011/09/05/survival-of-t...

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