The Daily Mail runs another article explaining how the already-wealthy can tap into a nice stream of unearned rental income generated by the very people who will end up paying the higher rents and prices in future and by amenities which are financed/provided by "everybody else":
4. Youth
Age demographic is a crucial factor in determining the areas which will realise the most growth. Places that have a high population of younger people in their twenties and thirties will inevitably experience house price growth in a relatively short space of time.
The majority of these people will be young professionals who will require proximity to local retailers and transport links which will encourage more local business owners to the area.
Consequently, you will be able to see areas morph into small urban villages in response to heightened demand from younger people with disposable income.
5. Amenities
Check proximity to amenities. Places that have a supermarket, a school, access to a major motorway or train line and local shops within a five mile radius will be sure to become future hubs for homeowners, if they haven’t already...
Thursday, 20 February 2014
"The secrets of tapping into community generated land values"
My latest blogpost: "The secrets of tapping into community generated land values"Tweet this! Posted by Mark Wadsworth at 14:02
Labels: Home-Owner-Ism
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