Re:London: the city that ate itself
by laurencerowe on Monday June 29, 2015 @10:57PM
(#9802641)
Not really. London shrank until 1988 and only this year passed the previous historical population peak of 1939 as the UK economy has become completely concentrated in the city.
The problem is exacerbated by the UK's lack of building. Thatcher stopped local authorities constructing homes (then half the total) and even private building has declined as its so hard to build. The result has been a huge wealth transfer to those who owned property.
The problem is exacerbated by the UK's lack of building. Thatcher stopped local authorities constructing homes (then half the total) and even private building has declined as its so hard to build. The result has been a huge wealth transfer to those who owned property.