Southern Charm XL | Page 35

of scraping and saving for a house of one’s own meant the hallmarks of a middle class lifestyle – a driveway, a garden, and much-mocked net curtains. A house in the suburbs meant a refuge from the excesses and strains of inner city life. There is increasing evidence to suggest that the picket fences have lost their sheen, outshone by the bright lights of the inner city. The doughnut has had its day – a phenomenon that has been termed the ‘great inversion’ by urbanist Alan Ehrenhalt. The lines between inner and outer London have indeed become blurred on a widening range of indicators. “The lines between inner and outer London have indeed become blurred on a widening range of indicators” Inner city areas such as Hackney and Brixton have become the stomping ground of well-heeled young professionals. Since 2008, more 20 to 30 year olds have been moving to London than leaving, reversing a long-standing pattern of domestic departure. This group constitutes London’s largest age group. Inner London has become desirable, and with it the trappings of the urban lifestyle. Nor is it just individuals who are deciding to invest in inner London – so too are businesses. Take the Tea building in Shoreditch, or Google’s new headquarters in King’s Cross. Labour would do well to ensure that its policies keep up with this younger, and often more footloose inner city demographic. Cycling is a key priority, given the recent increase in inner city commuting via bike. Housing is another. The private rental sector has grown exponentially in inner London boroughs such as Westminster and Tower Hamlets. Dissatisfaction in the sector has grown too, and Labour needs to take a strong line on regulating letting agents and improving tenancy security. Demographic changes mean that while inner London may have an above average number of individuals aged between 25 and 34, birth rates are increasingly more rapidly in outer London than in any other part of the UK. Children aged between 5 and 15 make for a larger proportion of the outer London population than any other region in the UK. Labour needs to show not only that it understands these demographic changes, but that is willing to incorporate this understanding into governance and financial structures. This may include a restructuring of the schools funding formula, so that funding levels are defined by demographics rather than inner/outer status. These changing demographics have a stark effect on social economic indicators. Five inner London boroughs have unemployment rates below the London average. It is the outer London boroughs of Barking and Newham that now have the highest unemployment rates, overtaking Tower Hamlets. Child poverty rates in inner London revolutionise.it 34