[fullspectrumdev]

Gentrification of areas with music venues is a notable factor. It’s like a cycle. Very noticeable in London.

Place is cheap and kind of a shithole so it’s possible to open cool bars and late night music venues. People move there because it’s now a cool place. Prices go up. People complain about the noise from the venues. Venues close and are replaced with sterile overpriced crap. Place is now boring and expensive. See: Shoreditch as a fine example.