Mil­lion­aires’-row-on-sea

Country Life Every Week - - Property News -

BOURNEMOUTH has been iden­ti­fied as one of the world’s most un­af­ford­able places in which to buy a house. The Dorset coastal town, where the price of a home is 8.9 times higher than the me­dian an­nual house­hold in­come in the area, has been ranked just be­low Los An­ge­les and San Fran­cisco in a new sur­vey, beat­ing all other UK towns and cities.

Coastal re­search data from Sav­ills shows that seaside liv­ing at­tracts peo­ple of all ages and from all walks of life, due to the di­verse life­style it pro­vides, the beau­ti­ful scenery, bustling towns and em­ploy­ment op­por­tu­ni­ties. Bournemouth’s his­tory as a beach re­sort and ex­pand­ing tech­nol­ogy sec­tor pushed the 42% rise in house prices and up­graded its sta­tus to the 10th most ex­pen­sive place to live on Earth. Lucy Pear­son

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