Does anyone interesting live in London anymore?

As London has become a global financial hub and a real estate speculators dream, it has priced out the people who once made the city diverse, interesting and cosmopolitan. What happens to the arts if artists can no longer afford to live in the big smoke, or attend its increasingly elitist art schools? This week we’re on the road at Sunday Papers Live, talking with artist, Darren Coffield about the silent art exodus from London and asking: Does anyone interesting live in London anymore?

The elites are carving up our cities

The creation of major asset bubbles exemplified by the rising costs of housing, is a consequence of deliberate Tory government policy geared towards satisfying the asset diversification needs of the super rich rather than meeting the human need for homes for ordinary people to live in. In other words, the key motivating factor shaping government housing policy is not to end the housing crisis, but to bolster the investment opportunities of the rich which will make it worse.