Some cities with very large percentage of immigrants. These cities are well known for their poverty and lack of development.pic.twitter.com/4wXzTkTHSB
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Actually it doesn't. You can calculate income per capita and compare with other cities.
Of course, if you include the incomes of the super-rich who flock to London, per capita income looks good.
I know some ordinary people in London. They have very nice incomes but are still salarymen. London is a rich city.
More and more destitute Eastern Europeans come and remain destitute. Crammed into over-full houses or in tents.
IPC has become more&more a economical exploitation ratio, not at all mesure of welfare/well-being
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