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mickeymouse

Recession Proof Cities?

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Knight Frank has pinpointed the top 20 fail-safe investment towns in Britain, taking into account factors such as the affordability of housing, wages and unemployment in the area, population growth...

Yeah, let's ask an EA for advice on the best place to buy, I'm sure we can rely on the impartiality of their advice ;)

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Surely the most recession proof towns will be the ones with the highest crime and most people on benefits, as the recession wont effect these people at all. They are already ******ed. No amount of ******ing is going to ****** them any more.

Expensive places like Cambs and York will surely take a massive hit.

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If there are places that will suffer less from the HPC it will be places that baby boomers want to retire to in the UK. A huge part of the population are currently in their early sixties and looking to downsize to somewhere nice. They've got so much equity in their properties that even a 30% or 40% decline isn't going to make much of a difference to them. Particularly picturesque villages in the South West, south coast, Cotswolds and Norfolk may hold up well. Lymington in Hampshire, Newquay and St Ives in Cornwall, Southwold in Suffolk, Salcombe in Devon are examples of places that will do well (or less badly), especially now that the rising euro makes France and Spain less attractive as a retirement option. None of the places on the Times list fit the bill.

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Shome mishtake surely? Edinburgh only at number five - yet as we know it is completely immune to any HPC or indeed any economic problems which may beset the rest of the western world. I know this to be true - it was in The Scotsman.

As for the rest of the list, Warrington, Telford? Do me a favour - this list must have been written on the back of a fag packet during a tea break.

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Norwich is number 19. Surely this is total ******?

Norwich is a shit hole that will take a massive hit in the crash. Its a chav infested, student city, that has seen HPI due to BTL and spill over from London.

The institute of food reasearch has just made a shit load of scientists redundant due to lack of finances, so the reasearch park is hardly immune to a downturn.

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Recession-proof cities eh? Sounds like future-proof computers! :lol:

Can I interest anyone in this lovely ZX Spectrum, one careful owner, 48k should be more than enough for anyone...this is 100% correct etc etc..... :rolleyes:

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  • 292 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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