North Peckham regeneration

The other big idea was mixed tenure and, more implicitly, social diversity.  Estates were held to have failed as estates: owner occupiers would bring capital into the area – social capital, if you will, which might raise educational standards and overall aspirations and just plain capital (money, in other words) that would improve an area’s amenities and retail. The Five Estates weren’t then an obvious site of gentrification but the potential was thought to exist.

Municipal Dreams

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