Some historians say this was due to increasing rent prices.

Sydney also has the highest median rent prices of any Australian city at $450 a week.

For example he made a law that connected rent prices to how good the building was.

This caused a decline in both incomes and tax revenue, deflating rent prices.

During this time many artists were drawn to the area due to the cheaper rent prices compared to Greenwich Village.

In 2006 it was the 21st most expensive street in the world measured by rent prices.

Students have begun moving out to other areas because of rising rent prices.

The 1940 rent prices were $17-$26 a month, was approximately 20% of an average man's pay where the family included two parents and three children.

Higher rent prices were acceptable at the time because of a boom in available jobs, which created a more competitive supply and demand market for housing.

An increasing number of people of various ethnicities are moving into the area due to slightly lower rent prices.