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===Contemporary Harare=== Since 2000, Harare has experienced periods of spectacular decline, particularly in the 2000s, but since the [[Great Recession]] it has stabilised and experienced significant population growth and uneven economic growth.{{citation needed|date=July 2024}}{{clarify|date=July 2024}} There has nonetheless been substantial international investment and speculation in the city's [[financial]] and property markets. Development on the urban fringes of the city has occurred in areas such as [[Borrowdale, Harare|Borrowdale]], Glen Lorne, [[The Grange, Zimbabwe|The Grange]], [[Mount Pleasant, Harare|Mount Pleasant Heights]], as well as in the new suburbs of Hogerty Hill, Shawasha Hills, [[Bloomingdale, Zimbabwe|Bloomingdale]] and Westlea. Urban sprawl has also expanded into the nearby areas of [[Mount Hampden]], [[Ruwa]] and Norton.<ref name=McGregor2014>{{cite journal |last=McGregor |first=JoAnn |title=Sentimentality or speculation? Diaspora investment, crisis economies and urban transformation |journal=Geoforum |date=September 2014 |volume=56 |pages=172β181 |doi=10.1016/j.geoforum.2014.07.008 |doi-access=free}}</ref> In addition, inner city areas such as [[Avondale, Harare|Avondale]], Eastlea, Belgravia, [[Newlands, Harare|Newlands]] and Milton Park have seen increased [[gentrification]] driven by speculation from expat Zimbabweans. This speculation has also attracted other foreign buyers, resulting in high property prices and widespread rent increases.<ref>{{cite web |author=Staff Writer |title=A look at Zimbabwe's property market |url=https://businesstech.co.za/news/property/310256/a-look-at-zimbabwes-property-market/}}</ref> Harare sustained the highest population increase and urban development of any major Zimbabwean city since 2000, with other cities such as [[Bulawayo]], [[Gweru]], and [[Mutare]] largely stagnating during the same period.<ref>{{cite web|url=https://www.iol.co.za/business-report/international/zimbabwe-property-market-characterised-by-a-high-demand-and-low-supply-20790629|title=Zimbabwe property market characterised by a high demand and low supply|website=www.iol.co.za}}</ref> Beginning in 2006, the city's growth extended into its northern and western fringes, beyond the city's [[urban growth boundary]]. Predictions that by 2025 the metropolitan area population will reach 4 to 5 million have sparked concerns over unchecked sprawl and unregulated development.<ref name="auto11">{{cite web |title=Why property is more pricey in Zim than SA |url=https://www.newsday.co.zw/thestandard/business/article/206642/why-property-is-more-pricey-in-zim-than-sa |website=The Standard}}</ref>{{Update inline|date=July 2024}} The concentration of real estate development in Harare has also come at the expense of other Zimbabwean cities such as [[Gweru]] and particularly [[Bulawayo]], which is increasingly characterized by stagnation and high unemployment due to the collapse of many of its heavy industries. Today, Harare's property market remains highly priced, more so than regional cities such as [[Johannesburg]] and [[Cape Town]].{{citation needed|date=July 2024}} The top end of the market is completely dominated by wealthy or [[dual-citizen]] Zimbabweans (see [[Zimbabwean diaspora]] and [[Zimbabweans in the United Kingdom]]), Chinese and South African buyers.<ref name=McGregor2014/><ref name="auto11"/> Despite gentrification and speculation, the country's and city's unemployment rates remain high.{{citation needed|date=July 2024}} In 2020, Harare was classified as a [[Globalization and World Cities Research Network|Gamma city]] by the [[Globalization and World Cities Research Network]].<ref>{{cite web |title=The World According to GaWC 2020 |url=https://www.lboro.ac.uk/gawc/world2020t.html |website=GaWC β Research Network |publisher=Globalization and World Cities |access-date=31 August 2020 |archive-date=24 August 2020 |archive-url=https://web.archive.org/web/20200824031341/https://www.lboro.ac.uk/gawc/world2020t.html |url-status=dead }}</ref>
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