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Nov19

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According to findaproperty.com Fareham has the third highest amount of homeowners of any area in the country... odd that, it's not the cheapest part of the country, so I'm not sure what that statistic means... London is mostly rented I would guess as it's outrageously expensive.

Seems urban areas have the lowest percentage of owner occupiers, but I wouldn't have said Fareham was particularly rural. No mention of Folkestone, hopefully the full list will be made available at some point.

:: Comment / reply

A high amount of homeowners in an area means that it has the best affordability for the demographic

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A high amount of homeowners in an area means that it has the best affordability for the demographic who wants to live there. Not that that really means anything either.

Muddy

22 Nov :: :: Comment / reply

Yeah all a bit wooly

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It sounds like a good thing to me, but I can't extract anything more from it. IE if the town was based around a massive meat processing plant, it might be a generally unpopular place, making property cheap. But there might be a tiny minority who just LOVE the smell of meat processing, and want to live there, and luckily there are just enough houses for them, so it's 100% owner occupied.

Fareham is not a massive meat processing plant, that was just an example. It does seem to me to be the kind of place where people are born / grow up, and then they continue to live there, I think that's probably the common factor in all the towns in that chart. Coincidentally, Fareham's in the tabloid news again today, some girl has been branded Britain's worst behaved after a humungous string of offenses. Nice! Still here's a more wholesome local tale from www.guardian.co.uk.

Good morning btw, any sniff of new employment yet or are you leaving it all until after christmas?

22 Nov :: :: Comment / reply

Having checked out your link to that Find A Property website it would appear that it means Fareham h

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Having checked out your link to that Find A Property website it would appear that it means Fareham has the highest number of owners actually living in the house they own, as opposed to renting it out... which I guess is why Tower Hamlets ranks so low?

:: 24 Nov :: :: Comment / reply