Tech City – victim of its own success?

16th October 2015

Around London’s Tech City in the Hoxton and Shoreditch areas, six major new-build developments have been finished or are under construction, and more than 2,300 apartments are due to be completed by 2018. Concerns are being raised over whether the housing is too expensive, as the market for high-end properties in London is faltering. However, estate agents report nearly 100% sales for developments. At the same time, what made the area a success story – tech start-ups – are being priced out of the area due to the cost of property.

Financial Times (10/10/2015)