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It's a reasonable concern, but I don't think that LTNs are a major driving factor in the challenge to find affordable places to live (in London or elsewhere).
Well, filtering increases house prices. You can have a debate about how much it contributes, but it certainly does.
I mean what a miserable situation we must be in if the response to improvements in the public realm are "please don't make it nice, otherwise I won't be able to live here any more". Bleak.
I'm afraid that worry is a lived reality for a lot of people. I've seen it happening in Hackney over the last 20 years and I've seen dozens of people I know priced out of it. Obviously, it mainly happens to people renting and people who want to buy a flat or house, but they generally have to move further out.
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Well, filtering increases house prices. You can have a debate about how much it contributes, but it certainly does.
I should note that I live in a historic LTN (with a central filter). It's not super-quiet, but it cuts the obvious rat run, that would just lead to queuing traffic through our neighborhood. It's actually one of the more mixed areas around here and has a mixture of social housing and privately-owned property. Other areas nearby have massively leapfrogged ours in terms of gentrification due to better schools, proximity to shops and parks, slightly larger houses (and probably some other factors), despite the fact that they aren't filtered (albeit that they're not super busy anyway). Our area is now catching up as a result of the schools becoming better regarded, housing associations selling off their properties to private owners, but the existence of the LTN didn't spur that, given that it was in decades before that happened. Anecdote only of course, but just to illustrate that filtering is clearly not a sufficient or necessary factor in pushing house prices to the top of a local scale.
It's a reasonable concern, but I don't think that LTNs are a major driving factor in the challenge to find affordable places to live (in London or elsewhere). I mean what a miserable situation we must be in if the response to improvements in the public realm are "please don't make it nice, otherwise I won't be able to live here any more". Bleak.