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n2doc

(47,953 posts)
Tue Feb 24, 2015, 07:37 PM Feb 2015

These billboards tell the stories of London's housing crisis




London is in the middle of a monumental metamorphosis, as anyone who lives here knows. Whether it's astronomical rent prices, the Canary Wharf-isation of every area in sight, or the growing economic divide between the UK capital and the rest of the country, it's apparent that London is becoming a monster. Basically, some can live here and some can't. How is this shift affecting the people who still call this place home?

Rebecca Ross, the Communication Design Course Leader at Central St Martins, and her assistant Duarte Carrilho da Graça have created a project called London Is Changing, a public artwork using two billboards in Holborn and Aldgate that tell the story of those Londoners that have fled the city after being priced out, those still here that fear for the city's future and a few that still feel the love.



Speaking to Dazed, Ross said: "I wanted to frame a response to the socio-economic changes in London using this medium to try and facilitate a city-wide conversation about an issue that I think is on everyone's minds but doesn't always get studied or reported on in the right ways. I wanted to put it on the street at a large scale in a way that's normally reserved for one-way corporate conversations".

Ross is keen to stress that this project is intended to highlight change in the city, not necessarily its decline or the notion that it's becoming too expensive. However, she also describes herself as "pretty aware that the people who were going to be most responsive to were the ones who being priced out, who can't afford to be here anymore. Most of the response has been from people who have to leave, but wish they didn't; mostly socio-economic reasons."



more

http://www.dazeddigital.com/artsandculture/article/23796/1/these-billboards-tell-the-stories-of-londons-housing-crisis
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These billboards tell the stories of London's housing crisis (Original Post) n2doc Feb 2015 OP
Sounds like London has turned into the USA (nt) bigwillq Feb 2015 #1
Seems to be happening to all of the great cities of the world. n/t n2doc Feb 2015 #2
That's why they are called "multinational" corporations world wide wally Feb 2015 #3
They wish: UK property is twice the price of American muriel_volestrangler Feb 2015 #6
it has turned into SF Liberal_in_LA Feb 2015 #7
Replace "London" with "San Francisco" KamaAina Feb 2015 #4
There is an answer. hifiguy Feb 2015 #5

muriel_volestrangler

(101,388 posts)
6. They wish: UK property is twice the price of American
Tue Feb 24, 2015, 08:23 PM
Feb 2015
In the UK the average house price is £242,415, compared to £122,073 in America. And London is the second most expensive city in the world to buy property, beaten only by millionaires’ playground Monaco.

Property in prime London locations costs an average £12,947 per square metre. That makes London more expensive than Bermuda, New York, Geneva and Paris.

http://www.mirror.co.uk/news/uk-news/cost-living-how-prices-uk-2859861
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