The common narrative that pits London against Paris as a dynamic and innovative city versus a stagnant one is losing its conviction. Brexit has stirred a shift in fortunes, as the French bourse has recently overtaken the London Stock Exchange as Europe’s leading equity market. As a result, some financial institutions have relocated to Paris for its emphasis on quality of life over economic growth at any cost. This begs the question whether London, Bristol, and Liverpool, which have all embraced the high-rise building trend, can learn from the French example. It is believed that building skyscrapers provide modern spaces for inhabitants, attract businesses, and boost the economy. However, their contribution towards housing needs is questionable, since they tend to be expensive and apartments sell for high prices. Additionally, skyscrapers may not create sustainable cities, and their cost is hard to justify from an environmental standpoint. Paris plays an important role as an exemplary model for smaller and historic British cities like Norwich to say no to the construction of skyscrapers. In larger cities like London and Manchester, policymakers can limit carbon emissions from new buildings and require intelligent design for new high-rises. Ultimately, the London v Paris comparison has shifted from one of quantity to quality as the French capital has made notable gains in productivity and leads in designing a sustainable and inviting city.
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