Article

Are the Super-Rich Really Ruining the World’s Great Cities?

Every time I have visited London over the past several years, I invariably hear the same story from my taxi driver. As we drive past Hyde Park on the way to or from the airport, he will say, “You see that building?” nodding towards a modern glass tower next to the Mandarin Oriental hotel. “Some of the apartments cost £50 million or more. And no one lives there—it’s always dark.”

Read the full article at Harvard Business Review.