Create Streets recently published this review of the proposed Shoreditch Works development project in Hackney, London. And one of the interesting things they did as part of it was something they call a visual preference survey. What this means is that they showed a statistically representative sampling of over two thousand British people some before and after images so they could choose which they prefer.
Here's how they responded:
As you can see, from a visual perspective, there was/is strong support for the proposed development. At least according to these three views. This is despite the fact that the proposal is, of course, taller than what's there today. What I think this starts to show is that good design matters. People respond positively to beauty. And, that it's important to show what will happen at street level above all. This is how we all experience cities.
Visual preference surveys aren't all that common. I'm not sure I've seen one conducted for a new development. But it's a great idea and I plan to borrow it from Create Streets.
Cover photo from Shoreditch Works
Last month, the UK ended its non-domiciled tax regime. This change had been announced in 2024, but its effective date was April 2025. The way this program worked was that if you lived in the UK but were "domiciled" somewhere else, you could limit the amount of taxes that you had to pay in the UK.
Only income and gains earned in the UK and foreign income and gains brought into the UK were taxed. If foreign income stayed abroad, it was not taxed. There was still an annual charge for long-term residents of the UK, but at a high level, this is how the tax regime worked.
The advantage for a rich people is that they could decide to reside in the UK because, hey, London is pretty cool, but at the same time they could nominate a lower-tax country as their domicile. For non-rich people, this became a controversial program, and so it was swapped for tax regime based on residency.
The reason I mention this is because it seems to be having a direct impact on Milan's real estate market. Since 2017, Italy has had a flat tax regime that allows new residents to pay a fixed annual tax rate of €200,000, regardless of how much money they earn abroad.
This has proven to be attractive among rich people and, between 2017 to 2022, the program attracted 2,730 individuals according to the Financial Times. But then the UK made its change and so Italy decided to colloquially rebrand its program to "svuota Londra", which translates to "empty London" in Italian.
It became about taking direct advantage of what the UK had done. And it seems to be working even better. In 2024, approximately 2,200 high-net-worth individuals relocated from the UK to Italy
Aaron Gordon, who is a data reporter at Bloomberg News, has been working on his coding skills. And so for absolutely no reason whatsoever, he decided to map out the life of one of New York's Citi Bikes, specifically Citi Bike #32606. The dataset is pre-pandemic because Citi Bike stopped publishing unique bike identifiers for each trip around 2020. But based on historical data and far as we know, #32606 is the most-used traditional bike (i.e. not an e-bike) in the history of the Citi Bike network.
It began its life on October 15, 2017 at 11:08am in Park Slope, Brooklyn, and then went on to accomplish 7,060 miles (~11,361 kilometers) and 8,624 trips over a period of 806 days. This works out to an average of just over 10 trips per day. In total, this bike traveled the equivalent of a return trip from New York to Los Angeles, and then a short trip up to Burlington, Vermont. And it was all done with only leg power.
Here's the visual mapping that Aaron created:
What I love about this passion project is that it starts to show just how impactful something as simple as a single shared bicycle can be for a city. These bike networks are relatively new, but they're already doing a lot of heavy lifting when it comes to urban mobility. Earlier this week, we learned that in the City of London, cyclists now make up 2x the number of people in cars. And that of the people cycling, 17% of them do so using a shared bicycle.
In the case of New York, the Citi Bike network had ~128,000 active members and
Create Streets recently published this review of the proposed Shoreditch Works development project in Hackney, London. And one of the interesting things they did as part of it was something they call a visual preference survey. What this means is that they showed a statistically representative sampling of over two thousand British people some before and after images so they could choose which they prefer.
Here's how they responded:
As you can see, from a visual perspective, there was/is strong support for the proposed development. At least according to these three views. This is despite the fact that the proposal is, of course, taller than what's there today. What I think this starts to show is that good design matters. People respond positively to beauty. And, that it's important to show what will happen at street level above all. This is how we all experience cities.
Visual preference surveys aren't all that common. I'm not sure I've seen one conducted for a new development. But it's a great idea and I plan to borrow it from Create Streets.
Cover photo from Shoreditch Works
Last month, the UK ended its non-domiciled tax regime. This change had been announced in 2024, but its effective date was April 2025. The way this program worked was that if you lived in the UK but were "domiciled" somewhere else, you could limit the amount of taxes that you had to pay in the UK.
Only income and gains earned in the UK and foreign income and gains brought into the UK were taxed. If foreign income stayed abroad, it was not taxed. There was still an annual charge for long-term residents of the UK, but at a high level, this is how the tax regime worked.
The advantage for a rich people is that they could decide to reside in the UK because, hey, London is pretty cool, but at the same time they could nominate a lower-tax country as their domicile. For non-rich people, this became a controversial program, and so it was swapped for tax regime based on residency.
The reason I mention this is because it seems to be having a direct impact on Milan's real estate market. Since 2017, Italy has had a flat tax regime that allows new residents to pay a fixed annual tax rate of €200,000, regardless of how much money they earn abroad.
This has proven to be attractive among rich people and, between 2017 to 2022, the program attracted 2,730 individuals according to the Financial Times. But then the UK made its change and so Italy decided to colloquially rebrand its program to "svuota Londra", which translates to "empty London" in Italian.
It became about taking direct advantage of what the UK had done. And it seems to be working even better. In 2024, approximately 2,200 high-net-worth individuals relocated from the UK to Italy
Aaron Gordon, who is a data reporter at Bloomberg News, has been working on his coding skills. And so for absolutely no reason whatsoever, he decided to map out the life of one of New York's Citi Bikes, specifically Citi Bike #32606. The dataset is pre-pandemic because Citi Bike stopped publishing unique bike identifiers for each trip around 2020. But based on historical data and far as we know, #32606 is the most-used traditional bike (i.e. not an e-bike) in the history of the Citi Bike network.
It began its life on October 15, 2017 at 11:08am in Park Slope, Brooklyn, and then went on to accomplish 7,060 miles (~11,361 kilometers) and 8,624 trips over a period of 806 days. This works out to an average of just over 10 trips per day. In total, this bike traveled the equivalent of a return trip from New York to Los Angeles, and then a short trip up to Burlington, Vermont. And it was all done with only leg power.
Here's the visual mapping that Aaron created:
What I love about this passion project is that it starts to show just how impactful something as simple as a single shared bicycle can be for a city. These bike networks are relatively new, but they're already doing a lot of heavy lifting when it comes to urban mobility. Earlier this week, we learned that in the City of London, cyclists now make up 2x the number of people in cars. And that of the people cycling, 17% of them do so using a shared bicycle.
In the case of New York, the Citi Bike network had ~128,000 active members and
Whether you agree with these policy decisions or not, they will have an impact on the fortunes of London and Milan going forward. In 2023 alone, it is estimated that individuals holding "non-dom" status in the UK paid almost £9 billion in taxes and contributed to the creation of some 44,000 jobs.
Part of this is now flowing south to Milan.
Note: None of this is tax advice.
Cover photo by ANASTASIIA BUCHINSKAIA on Unsplash
Cover photo by Spenser Sembrat on Unsplash
Whether you agree with these policy decisions or not, they will have an impact on the fortunes of London and Milan going forward. In 2023 alone, it is estimated that individuals holding "non-dom" status in the UK paid almost £9 billion in taxes and contributed to the creation of some 44,000 jobs.
Part of this is now flowing south to Milan.
Note: None of this is tax advice.
Cover photo by ANASTASIIA BUCHINSKAIA on Unsplash
Cover photo by Spenser Sembrat on Unsplash
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