Follow the money

It's all about forecasting the future when it comes to long term property investment.

Where will Britain be in say twenty years time? What are the growth industries and where and with whom, will the money be?

This article in the Telegraph gives an example of a 21 bedroom mansion for sale in one area for the same price as a modest one bedroom flat in another. It underlines the importance of location when it comes to capital values.

The newly established 'seven classes of Britain' shows that traditional industrial towns such as Stoke on Trent contain a high percentage of the lowest class - the 'Precariats'. Expect these areas to struggle for a long time to come, unless by some miracle we see a swing back to manufacturing in this country, why will these areas ever prosper? Unfortunately I can only predict they will continue to slide down the ladder.

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