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The “HAVES” and the “HAVE YACHTS”: Socio- Spatial Struggles in London between the “Merely Wealthy” and the “Super- Rich”

Lookup NU author(s): Emeritus Professor Roger BurrowsORCiD

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This is the authors' accepted manuscript of an article that has been published in its final definitive form by Duke University Press, 2019.

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Abstract

In the decade between 2007 and 2017 London changed fundamentally. This paper is about how the actions of the transnational über-wealthy - the ‘have yachts’ - impinged upon the life-worlds of the ‘merely wealthy’ - ‘the haves’. As we explore the conceptual utility of gentrification as a way of thinking about these seismic urban changes, we conclude that profound socio-spatial changes, and new intensities in the financialization of housing, neighborhood tensions and cultural dislocations are reshaping London as a plutocratic city and the lives of those who live there in historically unprecedented ways.

Publication metadata

Author(s): Burrows R, Knowles C

Publication type: Article

Publication status: Published

Journal: Cultural Politics

Year: 2019

Volume: 15

Issue: 1

Pages: 72-87

Online publication date: 01/03/2019

Acceptance date: 18/06/2018

Date deposited: 06/02/2020

ISSN (print): 1743-2197

ISSN (electronic): 1751-7435

Publisher: Duke University Press

URL: https://doi.org/10.1215/17432197-7289528

DOI: 10.1215/17432197-7289528

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