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Monthly Archives: October 2017

An Investor’s Perspective

North Lincolnshire is on the cusp of significant forward movement. Its most significant natural resource, the Humber, is increasingly engaged in commerce with a collection of ports plus a £3 billion infusion of Government funding in the Able Marine Energy Park and Green Port Hull.

And yet Lincolnshire is historically a sparsely populated county (510 people per square mile) with beautiful wetlands and other natural features worth preserving. Planners and community leaders are not unaware of this. sustainably, sensitive to habitats and natural ecosystems. Wildlife corridors and biodiversity of this estuary region, along with hedgerows, ditches, swales and lakes, are foremost in the plans set forth by developers and their architects. The results are a strategic preservation of flora and fauna that can co-exist with a growing economy and population.

North Lincolnshire’s growth is the product of planning, but much of that growth was happening organically. In the recession years of 2008-2012, the greater Lincolnshire economic output, as measured by Gross Value Added (GVA), grew by 3.8 per cent. Growth rates were greater in England overall and the East Midlands in particular. But three North Lincolnshire industry sectors – agri-food, manufacturing and tourism – had much higher GVA numbers (11%, 13% and 5%, respectively). The Greater Lincolnshire Local Economic Partnership (LEP) is therefore urging that resources be applied to these three sectors for their historic and on-going strengths relative to the national economy.

Who are the builders of homes, commercial properties and related infrastructure) are the following:

Broad mix of entry-level and skilled employment – Engineers and medical professionals are already here, including the builders of wind turbines, the physicians who staff hospitals and researchers working with businesses through Knowledge Transfer Partnerships at the Lincoln Science and Innovation Park. This skills diversity extends also to housing and commercial activities, with a consumer market that is less susceptible to economic and business cycles.

Knowledge base, innovation-driven – The LEP proposes to create a “growth hub” to provide strategic coordination and create conditions for growth that feed the 41,000 small- to medium-sized businesses in the area. A goal is to help start-ups beat the survival rate of three-years’ existence, which nationally is 58 per cent. But make no mistake, these are firms and industries of greater importance and relevance in the emerging industries such as renewable energy and technology.

Increasing productivity – Historically, the region has ranked below the English average for overall worker productivity. But with a focused effort on one industry in particular, the agri-food sector, the LEP endeavours to apply world-class agricultural science and technologies, as well as process innovation across the supply chain. Further, investment in infrastructure such as the ports and highways and rail hubs will get more products to more markets in less time – yielding a net increase in product volumes and prices at market.

A Look at the Numbers

Altadena is charming community located directly north of Pasadena at the base of the Angeles National Forest San Gabriel Mountains. Altadena is an unincorporated and 14 miles northeast from Downtown Los Angeles. This warm, Mediterranean climate has hot and dry summers that average highs of 91 degrees. The winters are essentially warm and windy with the lowest average temperature of 44 degrees. Altadena averages 21 inches of rainfall annually.

According to the 2010 U.S. Census – Altadena had a population of 42,777 people. With 8.71 square miles to share there were 4,909.6 people per square mile. This is average for Los Angeles County. The population was more diverse compared to other areas of the county with the dominate ethnicity being White at 52.8%, followed by 26.9% Latino, 23.7% Black, 5.4% Asian and 0.7% American Indian.

The population of Altadena is well educated in comparison to the rest of the county with 45.6% of residents aged 25 and up with a four year degree and 87.9% with a high school diploma. In regards to the male population: 57.8% were married, 32.9% had never been married, 7.1% had been divorced and 2.1% were widowed. The female population had53.9% who were married, 24.4% had never been married, 12.4% were divorced and 9.4% were widowed. The average age of Altadena was 37, which is an older average age compared to the rest of Los Angeles County. 9.8% of the people in population were veterans and 20.8% of residents were born in a foreign country. The average commute to work was 27.5 minutes. Altadena has a Walk Score of 48 out of 100 meaning that it is a car dependent city.

The average household size was 2.8 people, which was 9% higher than the national average. Approximately 74.6% of residents owned their homes. This was 10% higher than the national average. 25.4% of the population rented from a house, apartment or condominium. The 2010 Census declared there being 15,518 households with a median household income of $83,917. This is high compared to Los Angeles County.

Altadena real estate isn’t cheap, however. The median price of homes for sale in Altadena is $780,000. This is 226% higher than the national average. However, the average home value is $731,400. The price per square foot is $485. The current housing market “temperature” is neutral. Last year the home values increased by 8.1% and Zillow predicts they will rise only 1.9% within the next year.

The average monthly rent is $2,921. This is 53% higher than the national average. The current housing market health is 6.9/10. This is healthy score given by Zillow in comparison to other housing markets across the country.

According to Area Vibes, Altadena has a livability score of 77 – extremely livable. This is higher than the national average of 70. This comfortable, safe community will continue to flourish and grow and produce beautiful homes by its affluent residents.

A Rapidly Developing City of Dreams

This is one of the multiple reasons behind investors eyeing the city and people wanting to shift base to it. As a result of this, several big names in the real estate sector have started taking interest in the city and developing commercial and residential properties. The way they are contributing and coming up with top-notch projects one after the other, there is no doubt that soon Gurgaon will be the best city in India.

Besides coming up with apartments as per world-class designs with cutting-edge facilities, the builders are also playing their part in improving the educational scenario of Gurgaon. They are developing play schools, high schools, colleges, and many other educational institutions with well-qualified teachers and international standards.

Gurgaon or commonly known as the Millennium City is developing at an unimaginable speed. Earlier the residents of the city faced water, electricity, and security problems. But now, the complaints regarding the aforementioned problems have diminished and people are taking more interest in buying properties in Gurgaon.

Whether one is looking for a 2 BHK apartment, a duplex, or a penthouse, all of the homes in Gurgaon flaunt well-designed and luxurious interiors. Considering the importance of Internet connectivity in this day and age, some of the apartments also have Wi-Fi connectivity. Today, Gurgaon defines international Standard of living in India. Be it recreational facilities, health facilities or any other, a residential apartment in Gurgaon have got it all. One can also rent a small house at affordable cities in India.

Best Area for a Residential Apartment in Gurgaon

The most popular area in Gurgaon is the Sohna Road stretch. The prime reasons behind its popularity are connectivity and the backdrop. A house in this area will give you a feeling like you are living in a place with hills. And as far as connectivity is concerned, the stretch is connected to NH-8, Golf Course road, and the KMP Expressway. Since many renowned builders have secured land in the stretch, one can expect high standard buildings in the area.

Whenever buying a residential apartment in Gurgaon, make sure that you check the credibility of the builder. You need to collect information about the success of the builder’s past projects and whether or not they meet the deadline of the possession time. You should also compare the prices of the property and go for the one which is cheap and best. Also keep an eye on the facilities provided and how good is the connectivity from the place.

Quality of Life Finds a Sweet Spot

The wealth of the world flocks to London. But some of the smarter money continues on to Southampton.

That’s because the port city on the south coast of England, just 75 miles southwest of the Capital City, banks off a rich history in the maritime economy, its revered local universities, more-affordable housing and, in general, what might be considered a higher quality of life. A 2014 study of “good growth” factors by Price Waterhouse Coopers (PwC) and Demos, a cross-party think tank, assessed several factors that make for optimal local economic performance. Going beyond the simple Gross Value Added (GVA) measure it looks more holistically at such things as jobs, income, skills, health, housing (affordability) and work-life balance.

With the tourist trade unabated, merchant cargo ships docking in and out of the port on a near-hourly basis, and local universities fostering spin-out companies, it’s little wonder why land is being bought and developed. What might be surprising is why some properties have been undervalued until now.

Southampton ranked in the PwC-Demos study far above average among English, Scottish, Welsh and Northern Ireland cities, placing just above Oxford and Cambridge and a bit behind Edinburgh, Aberdeen and Reading & Bracknell. London and its boroughs ranked near the bottom due to high housing and transportation costs and inconveniences.

In terms of cost of living, Southampton offers interesting numbers. Mortgages as a percentage of income average around 43.8 per cent. In Oxford, that number is 62.15 per cent, in Edinburgh it is 42.04 per cent and in London it is 127.27 per cent.

By and large, cities that honour environmental needs more typically put resources into other quality-of-life matters such as parks, forests, waterways and clean air. So the environmentalists might take some credit for making that a reality in Southampton. The levels of carbon dioxide created by the city and its inhabitants are projected to drop by 34 per cent over the next ten years, according to the Southampton Low Carbon Group, a coalition assembled to include the Hampshire Chamber of Commerce, University of Southampton, Cofely District Energy and Business Southampton. But just as important and tangible in real time, the Group endeavours to enhance flora and fauna diversity in the city itself, building green and blue infrastructure (forested areas and waterways) that happen to also encourage healthier lifestyles.