Guide to the London Startup Ecosystem

Re:Guide to the London Startup Ecosystem by sprafa on Friday February 07, 2020 @07:25PM (#22272675)

Nothing like the UK. The UK had very high levels of income inequality. London has both a lot oft he richest people in the world and some 50 000 to 100 000 homeless people (they’re everywhere ).

And the opportunity to bridge through that income inequality (social mobility) is pretty low. France and a lot of Continental/EU Europe is far more equalitarian, better social system.

[ Parent | on HN ]

Re:Guide to the London Startup Ecosystem by barrkel on Friday February 07, 2020 @10:52PM (#22273712)

A quick Google search indicates 1 in every 52, or about 170,000 homeless in London.

That's not the count of rough sleepers, though, that's more like 5000 to 8000.

(Also, IMO, what London has even more than income inequality is wealth inequality. House price appreciation has really added to it; it's not unusual to have little old ladies who are property millionaires, but their houses are decrepit piles of junk and they have no money to do them up. The housing stock is generally in dreadful shape, nowhere commensurate with the value of the land it's sitting on. Large sections of the capital are like this; decrepit, but very expensive.)

[ Parent | on HN ]