The years of DEM administration have brought gentrification and crime, living in Milan becomes more and more expensive, now also in the hinterland.
Prices of houses in continuous growth, impossible rentals, still salaries. Criticality concerning the whole country but that in Milan become even more visible and alarming, above all because they are not faced by the administration of the mayor Sala. The set of these factors can lead to a single result, gentrification.
We take Treccani to define this abstruse term. Gentrification is a “process relating to urban sociology, which can include the redevelopment and physical change and the social composition of marginal urban areas, with often non-equal consequences on the socio-economic level. In simpler words, a neighborhood is redeveloped (or simply new homes are built at higher prices), a general increase in the cost of living in said area occurs, the historical residents of the said area can no longer afford to live there and sell home to new arrivals that have a higher income.
This process appears in place for many years in Milan, and it seems not to be interested in the municipal administration. It should be immediately specified that crime and poverty will not disappear, on the contrary, they will simply focus on “non -gentrification” neighborhoods. Milan is therefore found in a paradox: it is becoming a city for rich, but keep The highest crime rate in Italy.
To confirm the first statement, the Study Office of the Tecnocasa Group has recorded In the decade 2013-2023 an increase in the prices of 38%houses, an increase that continued last year, marking a +1.6%. Also, a few days ago Henley & Partnerswell known consultancy firm in London, he published his annual study entitled World’s Wealthies Cities Report. This relationship analyzes the cities that in the world have the most high -heritage individuals, it would be to say how many millionaires and billionaires live in the various cities.
From the report of this year It is clear that Milan rises to eleventh place in the global ranking (last year he was at the fourteenth), with 115 thousand millionaires who made their place of residence in the Lombard capital (last year there were 105 thousand), as well as 182 multimilionaries and 17 billionaires. The data published this year confirm what is already clear to many citizens now: Milan is becoming a city for rich.
Many redeveloped neighborhoods: Isola, Porta Nuova, Nolo, Bicocca. There are also many neighborhoods in which crime and poverty have been concentrated: Corvetto, Giambellino, Lorenteggio, the San Siro area near Piazzale Selinunte or the notorious via Padova.
The differences in costs with the rest of Italy are becoming exorbitant. The average price per square meter in Milan is around € 5,394 in December 2024, but in the central areas, such as the fashion quadrilateral, it can also reach € 15,000 per square meter. The average national price, however, is € 2,238 per square meter.
Then there is another relevant phenomenon, which emerged last year. It is the significant growth of real estate prices in the municipalities of the Milanese hinterland. Evidently pulled by the strong growth that took place within the municipal borders, also the hinterland has recorded Last year a strong growth in the prices of houses, even higher than in the city, with an average increase of 3.7% compared to the previous year. This figure reports a growing demand for homes in the surrounding areas in Milan, where prices, albeit increasing, are definitely more contained than the capital. Gentrification advances, and the mayor Sala does not seem to be interested in.
