"Of course, there are lots of benefits to this type of trendrification. Otherwise empty commercial space is used. Jobs are created. The trendy businesses bring money into the area. But how much of that money actually enters the real London economy? I guess some of it does, as people now see London as an attractive place to live. Rent has gone up. Property values have gone up. People who grow up in London can no longer afford to live there, while recent graduates who now work in journalism or the meeja can. The streets are cleaner. More large chain stores move in. Slowly, the character of London that made it so popular is eroding."
Still reads true. The roots and symptoms apply all across the city, unfortunately. The process of change is happening faster in some areas than others, but the long term trend is for more of this, everywhere in the city.