'Hope value' spurs Kent commuter housing market

FG ≫ 2006 ≫ 'Hope value' spurs Kent commuter housing market

From Kent News1:

THE prospect of fast train links into London is fuelling interest in the East Kent housing market.

A new review of the countrys property hotspots has identified what analysts call the hope value attached to the high-speed rail link, which will dramatically reduce commuting times to the capital.

It is still three years away but people are buying in Hythe, Folkestone and Canterbury in hope, said Cluttons in Canterbury.

The estate agent said the best properties went up around 10 per cent in 2006.

The review, published in the Sunday Telegraph, said the Medway Towns are hauling themselves out of neglect with billion pound regeneration schemes.

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This is part of my site The 'Gerald that I built in a fury of excitement when I first came here sometime in '04. I had been a frequent visitor for a while before that but I am technically one of those Down From Londons you get now. This site used to be updated more frequently with a gig calendar + voting for best venues and things, + I know it was a useful reference for those who were moving to the area. Now I've moved out of Folkestone again (though only a couple of miles) it doesn't get as much attention as it used to. Ironic really as The town is becoming the exciting place we always thought it was just about to. My name is not Gerald by the way, this comes from a pretend paper in an episode of The Day Today or something, the Portsmouth Gerald, and how there is a local newspaper here called the Folkestone Herald. Puns like this are great aren't they? Do contact me if you have anything to offer, email anythign @ this domain, or try @folkestone or @pauly on the twitter.