My friend Antony sent me this 30-minute You Tube Video about a new development in South London. The local community is being priced out of an area that has been established for hundreds of years. The same applies to many cities around the world, and that is also featured. If you have the time to spare, it is worth watching.
beetleypete 
A very sad situation, but the noble society wants to be under themselves. We will see, how fast the business assets will turn back to living appartements. xx Michael
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Ordinary people are being forced out of traditional areas, and having to commute further to work. One day there will be no ‘workers’ left living in the city, Michael.
Best wishes, Pete.
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So this will become a very sad future, and they who will stay back must feel like in a zoo. Best wishes, Michael
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Reblogged this on NEW BLOG HERE >> https:/BOOKS.ESLARN-NET.DE.
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Sad!
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The changes in the population demographic of inner London will take generations to stabilise, Jennie.
Best wishes, Pete.
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You are right, Pete. Sigh!
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When I consider all of these issues, I am so glad not to be young or to have had children.
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Something I also say all the time, Carolyn.
Best wishes, Pete.
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The strangest phenomenon to me are all the foreigners who buy apartments and never use them. I don’t understand enough about taxes and such, but clearly they and money laundering are involved in New York City, Miami and Vancouver, B.C.
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That is undoubtedly happening in London, and also the lure of huge rents that provide a great return on investment for foreigners.
Best wishes, Pete.
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Oh. That makes sense. It hadn’t occurred to me.
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Money, money, money….
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It just keeps getting worse, Sue.
Best wishes, Pete.
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Sadly it does
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sad state of affairs
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Young local people have zero chance of being able to afford to live in the area where they grew up, Beth.
Best wishes, Pete.
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Really sad
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Gentrfied urbal renewal has been going on here for years, sadly.
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It started in London in the 1980s, and is now being driven at a faster pace by foreign investors, Liz.
Best wishes, Pete.
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More’s the pity.
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Sadly, money always talks with the loudest voice. Cheers, Jon.
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Very true, Jon.
Best wishes, Pete.
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