Gentrification: Barnsbury

Question 1

What is super-gentrification ?

Answer 1

Associated with those working in finance in the city of London and elite forms of education (particularly Oxbridge), resulting in international connections.

= the result of the unexpected ‘fixedness’ of so-called global actors

Question 2

When did 1st wave gentrification begin?

Answer 2

The late 1950s

Question 3

What happened in 1971?

Answer 3

50% of islingtons improvement grants went to the wards of barnsbury and St. Peter’s

Question 4

When was the second wave of gentrification?

Answer 4

1980s to 1990s

Question 5

What initiated 2nd wave gentrification?

Answer 5

Deregulation of the stock exchange

City of londons function as a centre for banking and finance became more pronounced

Question 6

Example of corporate participation increasing in barnsbury

Answer 6

Redevelopment of Upper Street subsidised by Islington borough council
More expensive shops and restaurants
Old agricultural hall redeveloped into the business design centre

Question 7

When did 3rd wave gentrification begin?

Answer 7

Mid-1990s

Question 8

What caused 3rd wave gentrification

Answer 8

Boom in international finance and banking as well as other global activities

Question 9

Effects of super gentrification

Answer 9

They do not participate in the community eg children are pulled out of local schools by the age of 7 to prepare for elite education

Question 10

Quote from second wave gentrifier

Answer 10

The red Porsches have arrived… They are making a new economy but are absent from the community

( butler and lees 2006 )