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