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...Notting Hill has long been a byword for gentrification. After its nadir in the 1950s and 1960s, with race riots and unscrupulous landlords, the west London district rose at dizzying speed....
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...Update: I would add a postscript about the post-Covid inflation surge, which vindicated the view that central banks should factor rampant asset bubbles into setting interest rates....
..., as well as a senior lawyer at the New York attorney-general’s office, before being elected as Manhattan district attorney in 2021....
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...Surry Hills, near the Central Business District, was among the first central neighbourhoods to become gentrified....
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...The zeal and energy of what he calls “capitalism creationists” — who regard any questioning of free markets as a vote for communist central planning — seem limitless....
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...From Midtown to Morningside Heights, middle-class New Yorkers have long been priced out of even the most “affordable” central Manhattan neighbourhoods....
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...of the Upper East Side Historic Districts....
...What’s more, around 50 per cent of rural homes are sold off market, says Charlie Hill of agent Charles Marlow....
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...Last summer New York City mayor Eric Adams announced he would convert a former student dormitory in the Upper East Side district of Carnegie Hill into accommodation for 500 families....
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