FAMILY says they are being forced out of their area by the wealthy, who are not paying their own way.
The resident of Clapham Junction, South London, says the influx of students and young professionals with “financial help” has sent property prices soaring.
It comes as Wandsworth Council is considering extending the Northern Line citing congestion, overcrowding and accessibility issues at Clapham Junction station.
The local government approved a pre-feasibility study earlier this year to assess the estimated costs, benefits and limitations of such a project.
An expansion of the Metro network will make the area more accessible, but families in the area say homeowners have had to build stores on top just to meet demand for real estate in the area. .
Rittania Gayle, 41, owner of a charity shop, said Clapham Junction has “changed a lot” since she started working in the area eight years ago, with clothing stores being replaced by boutiques. coffee and restaurant.
She told MyLondon: “Our landlord has apartments above… now he has built another floor.
“I’ve noticed that many shops are building more floors of apartments, so now there are more tenants, fewer owners.”
Ms Gayle said fewer families now live in Clapham Junction due to rising prices, with some choosing to move out of the area altogether.
She added: “It used to be busy for families, but now it’s busier because there are more younger students and younger professionals coming in and it’s like their rendezvous point. They meet in station and they come.”
Hettie Smith, 21, said the expansion would likely attract more people to the area and raise prices, but added that “money isn’t a big deal” for some in Clapham Junction.
She says many people are now moving to the area “certainly with financial help from their parents.”
A spokesperson for Wandsworth Council said: “Clapham Junction is a popular and vibrant part of the county and is home to people of all ages, backgrounds and from all walks of life. It’s the connection. This combination makes it a great place to live and visit.
“Council wants to build on that success and excitement by developing new and improved travel links, and is undertaking a feasibility study to investigate the introduction of Metro services to the west. North to the town center.
“Council always welcomes feedback from residents as it looks to promote the region’s fortunes, recreational and cultural opportunities, and economic wellbeing.”