{"id":24565,"date":"2016-09-01T00:38:40","date_gmt":"2016-08-31T17:38:40","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/londons-elite-pushed-out-of-exclusive-postcodes-by-super-rich\/"},"modified":"2016-09-01T01:13:51","modified_gmt":"2016-08-31T18:13:51","slug":"londons-elite-pushed-out-of-exclusive-postcodes-by-super-rich","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/londons-elite-pushed-out-of-exclusive-postcodes-by-super-rich\/","title":{"rendered":"London&#039;s elite &#039;pushed out of exclusive postcodes by super rich&#039;"},"content":{"rendered":"<p>&#013;<br \/>\nDisplacement of old money is in turn pricing neighbourhoods in south and east London beyond the reach of average Londoners \u2013 LSE reportLondon\u2019s traditional elite, such as lawyers, architects and academics, are being pushed out of their enclaves in Mayfair, Chelsea and Hampstead by an influx of global super rich investors, causing a chain reaction of gentrification across the capital, according to research by the London School of Economics.An influx of extremely wealthy overseas buyers is leading the old elite to sell up and move from London\u2019s most exclusive postcodes and buy in areas they previously considered undesirable, said Dr Luna Glucksberg, of the LSE\u2019s International Inequalities Institute. Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.theguardian.com\/uk-news\/2016\/aug\/31\/londons-elite-pushed-out-of-exclusive-postcodes-by-super-rich\" target=\"_blank\">London&#8217;s elite &#8216;pushed out of exclusive postcodes by super rich&#8217;<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Displacement of old money is in turn pricing neighbourhoods in south and east London beyond&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-24565","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-6od","jetpack-related-posts":[{"id":13296,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/house-prices-fall-in-londons-luxury-postcodes\/","url_meta":{"origin":24565,"position":0},"title":"House prices fall in London\u2019s luxury postcodes","date":"May 17, 2016","format":false,"excerpt":"\r Oil price, stamp duty and Brexit fears cause drop in areas such as Notting Hill and Hampstead but market rises elsewhereLondon\u2019s luxury postcodes have seen house prices fall by as much as 11.8% over the past year, but the property slowdown is a \u201cmyth\u201d in much of the rest\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118733,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/lack-of-overseas-buyers-hits-londons-luxury-property-market\/","url_meta":{"origin":24565,"position":1},"title":"Lack of overseas buyers hits London\u2019s luxury property market","date":"September 25, 2020","format":false,"excerpt":"\r Sales and rental prices are down in the capital\u2019s most exclusive postcodes \u2014 but activity is returning\r \r Source : ft.com\r Read more...Lack of overseas buyers hits London\u2019s luxury property market","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":83813,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/house-prices-falling-in-two-fifths-of-london-postcodes\/","url_meta":{"origin":24565,"position":2},"title":"House prices falling in two-fifths of London postcodes","date":"March 27, 2018","format":false,"excerpt":"\r New data on capital\u2019s housing market show values under most pressure in the centre\r \r Source : ft.com\r Read more...House prices falling in two-fifths of London postcodes","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":3673,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/average-home-costs-500000-in-more-than-half-of-london-postcodes\/","url_meta":{"origin":24565,"position":3},"title":"Average home costs \u00a3500,000 in more than half of London postcodes","date":"February 4, 2016","format":false,"excerpt":"\r Increasing number of unfashionable areas of capital move into up-and-coming bracket\r \r Source : ft.com\r Read more...Average home costs \u00a3500,000 in more than half of London postcodes","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":79556,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/overseas-buyers-snap-up-majority-of-exclusive-london-homes\/","url_meta":{"origin":24565,"position":4},"title":"Overseas buyers snap up majority of exclusive London homes","date":"February 10, 2018","format":false,"excerpt":"\r Proportion of foreign investors targeting high-end postcodes at 5-year high\r \r Source : ft.com\r Read more...Overseas buyers snap up majority of exclusive London homes","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":148568,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/london-dominates-uks-priciest-postcodes-with-all-top-20-streets\/","url_meta":{"origin":24565,"position":5},"title":"London dominates UK\u2019s priciest postcodes with all top 20 streets","date":"December 23, 2024","format":false,"excerpt":"\r Knightsbridge heads list with average home at \u00a321.4m, 60 times the typical UK house priceUK house price predictions for 2025? They\u2019ll just keep going upLondon continues to dominate the UK\u2019s superprime property market, with all 20 of the country\u2019s priciest streets located within the capital, research shows.Top of the\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/24565"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=24565"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/24565\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=24565"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=24565"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=24565"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}