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The “HAVES” and the “HAVE YACHTS”: Socio- Spatial Struggles in London between the “Merely Wealthy” and the “Super- Rich”

Lookup NU author(s): Emeritus Professor Roger BurrowsORCiD



This is the authors' accepted manuscript of an article that has been published in its final definitive form by Duke University Press, 2019.

For re-use rights please refer to the publisher's terms and conditions.


In the decade between 2007 and 2017 London changed fundamentally. This paper is about how the actions of the transnational über-wealthy - the ‘have yachts’ - impinged upon the life-worlds of the ‘merely wealthy’ - ‘the haves’. As we explore the conceptual utility of gentrification as a way of thinking about these seismic urban changes, we conclude that profound socio-spatial changes, and new intensities in the financialization of housing, neighborhood tensions and cultural dislocations are reshaping London as a plutocratic city and the lives of those who live there in historically unprecedented ways.

Publication metadata

Author(s): Burrows R, Knowles C

Publication type: Article

Publication status: Published

Journal: Cultural Politics

Year: 2019

Volume: 15

Issue: 1

Pages: 72-87

Online publication date: 01/03/2019

Acceptance date: 18/06/2018

Date deposited: 06/02/2020

ISSN (print): 1743-2197

ISSN (electronic): 1751-7435

Publisher: Duke University Press


DOI: 10.1215/17432197-7289528


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