London is going to be rich, boring and soulless unless we do something to prevent making it a city that is inaccessible to "real" people.
It is a cycle: too expensive for the young so wealthy olds vote to accommodate the wealthy old (and repeat). So "yes", unlikely to change.
However, looked at another way, this is a huge opportunity. All the cool young minds are looking for a new centre of gravity - wherever they settle will be home to the next wave of innovation.
Let's just hope they stay in Britain.
However, as our government is drawn largely from the beneficiaries of the dullification of London rather than its victims, I don’t see much changing soon. Dave is so out of touch he probably thinks that living in Notting Hill gives him an insight into what the cool kids like. Boris is a cheerleader for the rich and loathsome. And 25 year-olds don’t vote.