Home › News ›

The New Immigration Capital

Posted by: Abhijeet Chavan
Thanks to: Abhijeet Chavan
13 August 2003 - 10:00am

Why does this city attract more immigrants than New York or Los Angeles? And how does it house them without expanding into rural areas?

"As a proportion of its population, and in absolute numbers, London now has a higher inflow of foreigners than do either New York or Los Angeles...And there were good reasons to come to Britain...the government has encouraged immigration by issuing more work permits, especially in areas where skills are in short supply...Over the past decade, London and the south-east have absorbed a net 680,000 foreigners, without losing much countryside. How has that happened?"

Full Story: The world comes to London
Source: The Economist, August 12, 2003
»
Bookmark and Share
“
The decision to abandon a property is a symptom of the loss of confidence. And while abandonment certainly affects confidence among surrounding homeowners, the most important question to answer is not "how do we deal with abandoned properties?" but "what is the most cost-effective way to restore market confidence, and how do abandoned properties fit into that picture?"
”