The English university town of Cambridge has been billed by some as the “next Silicon Valley,” with a fast-growing tech and life sciences industry. For many elected leaders across the political spectrum, the city serves as a model for reviving the UK’s struggling economy.
But some critics say Cambridge is no blueprint for the future. The city has the least affordable housing in the UK after London. And it stands out as one of the most unequal cities in the region, home to some of the widest gaps in pay and educational attainment between the haves and have-nots, Tiffany Tsoi reports. Today on CityLab: Booming Cambridge Exposes England’s Widening Wealth Gap