Animals & Nature1 min ago
Lincolnshire.
9 Answers
Can anybody explain to me why Lincolnshire property is considerably cheap?
Answers
1 to 9 of 9
Best Answer
No best answer has yet been selected by Shadow Man. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.
I'm not sure about Ethel's reasoning regarding low wages. Here in Suffolk we have some of the lowest wages in the country but plenty of areas where house prices are very high. (A simple beach hut, in Southwold, sold for �90,000 this week!) ;-)
House prices tend to be high in those areas which are within commuting range of major centres of employment (particularly London). Lincolnshire isn't really close to anywhere.
Prices are also high around areas of outstanding natural beauty. Lincolnshire is largely drab and flat, with hardly a tree in sight. The coast doesn't have the natural beauty of counties like Devon or Cornwall, or the man-made delights of coastal cities like Brighton.
Lincolnshire's economy has historically depended upon the agriculture. The mechanisation of the industry means that there are now very few employment opportunities within agriculture. In some counties (e.g. Suffolk) jobs in agriculture have been replaced by jobs in service industries (e.g, insurance) but Lincolnshire is too far from the capital for major firms to consider relocating there. (Employers relocating can boost house prices in some areas. e.g. house prices in Sheffield shot up when the Manpower Services Commission relocated from London. Lincolnshire can't attract many major employers).
Chris
House prices tend to be high in those areas which are within commuting range of major centres of employment (particularly London). Lincolnshire isn't really close to anywhere.
Prices are also high around areas of outstanding natural beauty. Lincolnshire is largely drab and flat, with hardly a tree in sight. The coast doesn't have the natural beauty of counties like Devon or Cornwall, or the man-made delights of coastal cities like Brighton.
Lincolnshire's economy has historically depended upon the agriculture. The mechanisation of the industry means that there are now very few employment opportunities within agriculture. In some counties (e.g. Suffolk) jobs in agriculture have been replaced by jobs in service industries (e.g, insurance) but Lincolnshire is too far from the capital for major firms to consider relocating there. (Employers relocating can boost house prices in some areas. e.g. house prices in Sheffield shot up when the Manpower Services Commission relocated from London. Lincolnshire can't attract many major employers).
Chris
It is flat , and miles from a major city , and rather cold and windy , the housing is cheaper than southern areas .
How do I know that's true .....I live there . :-)
http://en.wikipedia.org/wiki/Lincolnshire
How do I know that's true .....I live there . :-)
http://en.wikipedia.org/wiki/Lincolnshire
1 to 9 of 9
