Best and Worst Places to Live: Any use for investors?
Channel 4 had their latest league tables on the best and worst places to live in Great Britain a few weeks ago using measures such as life expectancy, school exam results, numbers of shops, crime levels, bars and restaurants and air quality.
Six out of the top 20 were in Surrey, although top was Edinburgh. In the bottom 20, you had Nottingham high up due to crime levels, and areas such as Hull, Islington in London, and Middlesbrough was number one.
Is this a useful guide for investors?
Well it is useful to see, but the most powerful thing to consistently see with many of the worst areas was the consistently low house prices that had all started to go up greatly, and the huge amounts of regeneration going into the areas. In Middlesbrough alone they are investing millions through the Tees Valley regeneration project . (more…)
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