While most of Bangkok's streets are fronted by vernacular shophouses, the largely unrestricted building euphoria of the 1980s has transformed the city into an urban area of skyscrapers and high rises of contrasting and clashing styles. There are 581 skyscrapers over  tall in the city. Bangkok was ranked as the world's eighth tallest city in 2016. As a result of persistent economic disparity, many slums have emerged in the city. In 2000 there were over one million people living in about 800 informal settlements. Some settlements are squatted such as the large slums in Khlong Toei District. In total there were 125 squatted areas.