A Neighbourhood So Exclusive it's Empty
This NY Times article describes the crazy expensive region of London, Belgravia, where despite containing thoroughly sought after property, no one is using it. "Almost no one seemed to be coming home. Perhaps half the windows were dark."
What I think is interesting about this, is that is adds an extra step to the gentrification cycle - a transition from 'bankers' (read high socioeconomic status) to 'international oligarchs' (read international, super high socioeconomic status). It highlights a really strange scenario where the most sought after places to live can become places where people do not actually live. Looks like such a swish area, with beautiful squares, close to parks, and a great central location - with so many underused properties, I wonder if anyone over that way needs a house sitter?