![]() ![]() More than one-third of social housing tenants in London say they are struggling to pay for basic needs 27% of private renters also declared they were struggling to make ends meet. From glamour to art, from theatre to sport, this city has it all. Increasingly, though, young people in London are either living paycheck to paycheck, relying on the bank of Mom and Dad or leaving. There isn’t another world city that is culturally as diverse as London. London’s is a young and diverse population. Among the major economic cities around the world, London holds its title of the global economic hub with dominance. ![]() Reducing that gap without driving away the city’s wealthier residents is the challenge now. Great wealth disparities are typical of global cities, but they can ultimately (as New York has found) create social divisions and lower living standards, driving people out. That matters since more unequal cities are often linked to higher crime rates and greater levels of dissatisfaction among residents. London’s social fabric was already frayed, but the pandemic has worsened long-festering problems such as a lack of affordable housing and widened inequalities in terms of both life expectancy and income. In important ways, however, Covid has left its mark on the megacity. It is the worlds most-visited city as measured by international arrivals and has the worlds largest city airport system.
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