Two years into the slowdown, the inhabitants of some London locations are
facing a nightmare: their “prime” home, bought in the boom, may now be
anything but. In 2007 Savills prepared a controversial league table to show
how previously no-go areas had gone up in the world as wealthy buyers were
forced into new postcodes. The chief beneficiary was Notting Hill, the scene
of infamous riots turned aspirational address for international celebrities.
» full story
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