Gentrification in East London

Hi, this is a part of my writing about the Tech City in London. I tried to write as precisely as I could.

Ironically, once new creative entrepreneurs agglomerate [I love the word agglomerate, but most native speakers wouldn't know it. Dependng on your audience, you might like to use "collect" instead] in a relatively cheap place for their work part of town, the rent upsurges increases [upsurge is not a verb]. According to research firm GfK, in 2013 rents in the Tech City is are up to £40 per sq ft, and a single desk can be as much as £400 a month. This number is never considered as attractive, and comparing with surroundings in other parts of London; rent in Croydon, which is the newly speculated IT district, is between £15 and £20 per sq ft, and the average £20-30 per sq ft of in Shepherd’s Bush and White City is £20-30 per sq ft .

‘Last.fm’, which was mentioned by David Cameron in his Tech City Scheme as an ideal start-up, was kicked out from of their small office converted from an old bedroom house conversion, that was in a situation of to be demolished for the and replaced with luxury student housing for wealthy overseas students. This gentrification could be accelerated by Cameron’s hosting of the transnational corporation’s investment. For those for whom an office is essential, the cheaper rent means the that more of the budget can be allocated to in R&D so that enabling the further growth. Paradoxically speaking, the policy to of promoting start-ups is putting them under pressure.