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Mickie_Cricket
I sort of see what you mean, but if you buy a nice house in Catford or local area you can quite easily live your life avoiding the signs of deprivation.
My opinion is largely based on two of my friends who each have a net worth over £5m+ who chose the area because they like it and the sort of house that their money can buy them there. Neither of them spend any time hanging out in Catford though. They tend to do most of their socialising in swankier parts of town.
Edit: Personally I find the idea pretty miserable. Bring involved in the local community is pretty important to me.